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EUR/JPY Outlook (10 December 2021)

Long
Euro / Japanese Yen (FX:EURJPY)  
JinDao_Tai  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Forex macro technical trend EURJPY Contains image
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trendanalysis forex macro technical trend eurjpy containsimage
Overall, EUR/JPY is trending downwards.

European Central Bank President Lagarde will be speaking later at 1705 (GMT+8). During this time, there may be volatility in EUR.

Currently, EUR/JPY is testing the support zone of 128.500 and its next resistance zone is at 130.000.
Look for short-term buying opportunities of EUR/JPY if it bounces off the support zone of 128.500.
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