Singapore
2020-09-18 18:52
Market analysisEUR/JPY Outlook (18 September 2020)
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Market analysis:
Overall, EUR/JPY is trending downwards. Recently, EUR/JPY broke below the key level of 124.
The Japanese banks will be closed next Monday in observance of Respect-for-the-Aged Day. Lower trading volume and volatility is expected during the Japanese trading hours.
EUR/JPY’s next support zone is at 121.700 and the next resistance zone is at 124.600.
Look for selling opportunities of EUR/JPY.
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EUR/JPY Outlook (18 September 2020)
Singapore | 2020-09-18 18:52
Overall, EUR/JPY is trending downwards. Recently, EUR/JPY broke below the key level of 124.
The Japanese banks will be closed next Monday in observance of Respect-for-the-Aged Day. Lower trading volume and volatility is expected during the Japanese trading hours.
EUR/JPY’s next support zone is at 121.700 and the next resistance zone is at 124.600.
Look for selling opportunities of EUR/JPY.
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