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EUR/JPY Outlook (15 September 2020)

FX:EURJPY   Euro / Iene Japonês
Overall, EUR/JPY is ranging across.

Yesterday, it was announced that Yoshihide Suga won a Liberal Democratic Party (LDP) leadership election, putting him in a parliamentary vote for Japan’s next Prime Minister this week.

The German ZEW Economic Sentiment data (Forecast: 69.7, Previous: 71.5) will be released later at 1700 (SGT).

EUR/JPY’s next support zone is at 124.600 and the next resistance zone is at 126.700.
Look for short-term buying opportunities of EUR/JPY.

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