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EUR/JPY Outlook (14 May 2021)

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EUR/JPY Outlook (14 May 2021)

ByJin Dao Tai

 MAY 14, 2021

EUR/JPY Outlook (14 May 2021)

Overall, EUR/JPY is trending upwards. Recently, EUR/JPY bounced off the resistance zone of 132.800.

The European Central Bank (ECB) will be releasing the minutes for the previous monetary policy meeting later at 1930 (SGT).

EUR/JPY’s next support zone is at 130.800 and the next resistance zone is at 132.800.

Look for short-term buying opportunities of EUR/JPY.


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