ByJin Dao Tai
JUL 6, 2021
Overall, EUR/JPY is ranging across. Recently, EUR/JPY bounced off the resistance zone of 132.000.
The eurozone and German ZEW Economic Sentiment data will be released later at 1700 (GMT+8).
- ZEW Economic Sentiment (Forecast: 79.0, Previous: 81.3)
- German ZEW Economic Sentiment (Forecast: 75.0, Previous: 79.8)
Also at the same time, the eurozone Retail Sales m/m data (Forecast: 4.3%, Previous: -3.1%) will be released.
EUR/JPY’s next support zone is at 130.000 and the next resistance zone is at 132.000.
Look for selling opportunities of EUR/JPY.
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