Overall, EUR/JPY is trending downwards. Recently, EUR/JPY bounced down from the key level of 128.
The eurozone Unemployment Rate data (Actual: 7.3%, Forecast: 7.3%, Previous: 7.4%) released yesterday indicated a slight decline in unemployment during the month of October.
European Central Bank President Lagarde will be speaking later 1630 (GMT+8).
During this time, there may be volatility in EUR.
The eurozone Retail Sales m/m data (Forecast: 0.3%, Previous: -0.3%) will be released later at 1800 (GMT+8).
EUR/JPY’s next support zone is at 127.200 and its next resistance zone is at 128.500.
Look for short-term selling opportunities of EUR/JPY.
The eurozone Unemployment Rate data (Actual: 7.3%, Forecast: 7.3%, Previous: 7.4%) released yesterday indicated a slight decline in unemployment during the month of October.
European Central Bank President Lagarde will be speaking later 1630 (GMT+8).
During this time, there may be volatility in EUR.
The eurozone Retail Sales m/m data (Forecast: 0.3%, Previous: -0.3%) will be released later at 1800 (GMT+8).
EUR/JPY’s next support zone is at 127.200 and its next resistance zone is at 128.500.
Look for short-term selling opportunities of EUR/JPY.