Overall, EUR/JPY is trending upwards.
The eurozone and German ZEW economic sentiment data released yesterday indicated a decline in the level of optimism from the surveyed investors and analysts on the economic outlook of the eurozone and Germany.
ZEW Economic Sentiment (Actual: 81.3, Forecast: 85.5, Previous: 84.0)
German ZEW Economic Sentiment (Actual: 79.8, Forecast: 86.0, Previous: 84.4)
ZEW President Achim Wambach said, "The economic recovery is progressing. The decline in expectations is probably largely due to the considerably better assessment of the economic situation, which is now back at pre-crisis levels."
EUR/JPY’s next support zone is at 132.800 and the next resistance zone is at 134.300.
Look for buying opportunities of EUR/JPY .
- German ZEW Economic Sentiment arrived at 79.8 in June, down from 84.4 previous.
- ZEW Current Situation for Germany came in at -9.1 in June vs. -40.1 in May.
The eurozone and German ZEW economic sentiment data released yesterday indicated a decline in the level of optimism from the surveyed investors and analysts on the economic outlook of the eurozone and Germany.
ZEW Economic Sentiment (Actual: 81.3, Forecast: 85.5, Previous: 84.0)
German ZEW Economic Sentiment (Actual: 79.8, Forecast: 86.0, Previous: 84.4)
ZEW President Achim Wambach said, "The economic recovery is progressing. The decline in expectations is probably largely due to the considerably better assessment of the economic situation, which is now back at pre-crisis levels."
EUR/JPY’s next support zone is at 132.800 and the next resistance zone is at 134.300.
Look for buying opportunities of EUR/JPY .