EUR/JPY Outlook (17 June 2021)
ByJin Dao Tai
JUN 17, 2021
Overall, EUR/JPY is ranging across. Recently, EUR/JPY broke below the key level of 133.
The eurozone final CPI y/y data will be released later at 1700 (GMT+8).
- Final CPI y/y (Forecast: 2.0%, Previous: 2.0%)
- Final Core CPI y/y (Forecast: 0.9%, Previous: 0.9%)
Currently, EUR/JPY is testing the support zone of 132.800 and the next resistance zone is at 134.300.
Look for selling opportunities of EUR/JPY if it breaks the support zone of 132.800.
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