ByJin Dao Tai
AUG 17, 2021
Overall, EUR/JPY is trending downwards. Recently, EUR/JPY broke below the key level of 129.
The eurozone flash employment change q/q and GDP q/q data will be released later at 1700 (GMT+8).
- Flash Employment Change q/q (Forecast: 0.2%, Previous: -0.3%)
- Flash GDP q/q (Forecast: 2.0%, Previous: 2.0%)
Currently, EUR/JPY is testing the support zone of 128.500 and the next resistance zone is at 130.000.
Look for short-term selling opportunities of EUR/JPY if it breaks the support zone of 128.500.
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