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EUR/JPY Outlook (02 December 2021)

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FX:EURJPY   Euro/Japanska yen
Overall, EUR/JPY is trending downwards. Recently, EUR/JPY rejected the resistance zone of 128.500.

The eurozone Unemployment Rate data (Forecast: 7.3%, Previous: 7.4%) will be released later at 1800 (GMT+8).

Currently, EUR/JPY is moving up towards 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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