Overall, EUR/JPY is trending downwards.
The eurozone ZEW Economic Sentiment data (Forecast: 22.4, Previous: 25.9) will be released later at 1800 (GMT+8).
Currently, EUR/JPY is testing to break above the key level of 128. Its 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 if it bounces down from the key level of 128.
The eurozone ZEW Economic Sentiment data (Forecast: 22.4, Previous: 25.9) will be released later at 1800 (GMT+8).
Currently, EUR/JPY is testing to break above the key level of 128. Its 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 if it bounces down from the key level of 128.
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