EUR/JPY Outlook (20 July 2021)

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EUR/JPY Outlook (20 July 2021)

ByJin Dao Tai

 JUL 20, 2021

EUR/JPY Outlook (20 July 2021)

Overall, EUR/JPY is trending downwards. Recently, EUR/JPY broke the support zone of 130.000 due to a global concern in a rebound in COVID cases.

EUR/JPY’s next support zone is at 128.500 and the next resistance zone is at 130.000.

Look for short-term selling opportunities of EUR/JPY.

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