Overall, EUR/JPY is trending upwards. Recently, EUR/JPY has been ranging across.
The Japanese Flash Manufacturing PMI (Forecast: 48.9, Previous: 49.0 revised from 48.3) will be released tomorrow at 0830 (SGT).
Currently, EUR/JPY is testing the resistance zone of 126.700 next support zone is at 124.750. With the ongoing negotiation of the post-Brexit trade deal, look for short-term selling opportunities of EUR/JPY if it rejects the resistance zone of 126.700.
What do you think about my analysis?