EUR/JPY Outlook (17 June 2021)

Overall, EUR/JPY is ranging across. Recently, EUR/JPY broke below the key level of 133.

The eurozone final CPI y/y data will be released later at 1700 (GMT+8).

• Final CPI y/y (Forecast: 2.0%, Previous: 2.0%)
  
• Final Core CPI y/y (Forecast: 0.9%, Previous: 0.9%)
  

Currently, EUR/JPY is testing the support zone of 132.800 and the next resistance zone is at 134.300.
Look for selling opportunities of EUR/JPY if it breaks the support zone of 132.800.