EUR/JPY Outlook (04 August 2021)
ByJin Dao Tai
AUG 4, 2021
Overall, EUR/JPY is trending downwards. Recently, EUR/JPY broke the support zone of 130.000.
The eurozone Retail Sale m/m data (Forecast: 1.6%, Previous: 4.6%) will be released later at 1700 (GMT+8).
EUR/JPY’s next support zone is at 128.500 and the next resistance zone is at 130.000.
Look for selling opportunities of EUR/JPY.
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