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EUR/JPY Outlook (21 June 2021)

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EUR/JPY Outlook (21 June 2021)

ByJin Dao Tai

 JUN 21, 2021

EUR/JPY Outlook (21 June 2021)

Overall, EUR/JPY is trending downwards.

European Central Bank President Lagarde will be speaking later at 2030 (GMT+8).

Also, she will be testifying before the European Parliament Economic and Monetary Affairs Committee at 2215 (GMT+8). During these times, there may be volatility in EUR.

Currently, EUR/JPY is testing the support zone of 130.800 and the next resistance zone is at 132.800.

Look for selling opportunities of EUR/JPY if it breaks the support zone of 130.800.

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