Euro / Japanese Yen
Long

EUR/JPY Outlook (11 January 2022)

195
Overall, EUR/JPY is trending upwards. Recently, EUR/JPY broke below the key level of 131 and bounced off the support zone of 130.000.

The eurozone Unemployment Rate data (Actual: 7.2%, Forecast: TBA, Previous: 7.3%) released yesterday indicated little change in unemployment in November from October.

EUR/JPY’s next support zone is at 130.000 and the next resistance zone is at 131.500.
Look for short-term buying opportunities of EUR/JPY.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.