EURJPY ANALYSIS ON H4 CHART.
Updated
Overall, EUR/JPY is trending upwards. Recently, EUR/JPY broke the support zone of 130.000.
The eurozone CPI y/y data will be released later at 1800 (GMT+8).
Final CPI y/y (Forecast: 5.0%, Previous: 5.0%)
Final Core CPI y/y (Forecast: 2.6%, Previous: 2.6%)
The European Central Bank will be releasing the minutes for the most recent monetary policy meeting later at 2030 (GMT+8).
Currently, EUR/JPY is trading towards the resistance zone of 130.000 and the support zone is at 128.800.
Look for short-term selling opportunities of EUR/JPY.
The eurozone CPI y/y data will be released later at 1800 (GMT+8).
Final CPI y/y (Forecast: 5.0%, Previous: 5.0%)
Final Core CPI y/y (Forecast: 2.6%, Previous: 2.6%)
The European Central Bank will be releasing the minutes for the most recent monetary policy meeting later at 2030 (GMT+8).
Currently, EUR/JPY is trading towards the resistance zone of 130.000 and the support zone is at 128.800.
Look for short-term selling opportunities of EUR/JPY.
Trade closed: target reached
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