Euro / Japanese Yen
Long

EUR/JPY Outlook (18 March 2022)

336
Overall, EUR/JPY is ranging across. Recently, EUR/JPY broke above the key level of 131 and traded into the resistance zone of 131.500.

Currently, EUR/JPY is testing the resistance zone of 131.500 and the next support zone is at 130.000.
Look for short-term buying opportunities of EUR/JPY if it breaks the resistance zone of 131.500.

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