JinDao_Tai

EUR/JPY Outlook (15 December 2020)

FX:EURJPY   Euro / Japanese Yen
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.

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