EUR/JPY Outlook (29 June 2021)

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EUR/JPY Outlook (29 June 2021)

ByJin Dao Tai

 JUN 29, 2021

EUR/JPY Outlook (29 June 2021)

Overall, EUR/JPY is ranging across.

The German Preliminary CPI m/m data (Forecast: 0.4%Previous: 0.5%) will be released today at a tentative timing.

European Central Bank President Lagarde will be speaking later at 2140 (GMT+8). During this time, there may be volatility in EUR.

Currently, EUR/JPY is testing the support zone of 132.000 and the next resistance zone is at 134.000.

Look for selling opportunities of EUR/JPY if it breaks the support zone of 132.000.


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