Overall, EUR/JPY is ranging across. Recently, EUR/JPY traded into the support zone of 128.800.
The eurozone CPI y/y data released indicated no revision on inflation data from its preliminary release.
European Central Bank Chairman Lagarde will be speaking later at 2030 (GMT+8). During this time, there may be volatility in EUR.
Currently, EUR/JPY is testing the support zone of 128.800 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 128.800.
The eurozone CPI y/y data released indicated no revision on inflation data from its preliminary release.
- Final CPI y/y (Actual: 5.0%, Forecast: 5.0%, Previous: 5.0%)
- Final Core CPI y/y (Actual: 2.6%, Forecast: 2.6%, Previous: 2.6%)
European Central Bank Chairman Lagarde will be speaking later at 2030 (GMT+8). During this time, there may be volatility in EUR.
Currently, EUR/JPY is testing the support zone of 128.800 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 128.800.
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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.
Join my mailing list jindaotai.com/joinme
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.