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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