EUR/JPY Outlook (08 June 2021)

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EUR/JPY Outlook (08 June 2021)

ByJin Dao Tai

 JUN 8, 2021

EUR/JPY Outlook (08 June 2021)

Overall, EUR/JPY is trending upwards. Recently, EUR/JPY bounced off the support zone of 132.800.

The eurozone and German ZEW economic sentiment data will be released later at 1700 (GMT+8).

  • ZEW Economic Sentiment (Forecast: 85.5Previous: 84.0)
  • German ZEW Economic Sentiment (Forecast: 86.0Previous: 84.4)

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.

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