Overall, EUR/JPY is ranging across. The Japanese Retail Sales y/y data (Forecast: -0.4%, Previous: 0.6% revised from 0.7%) will be released tomorrow at 0750 ( SGT ). Currently, EUR/JPY is testing to break above the key level of 126. Its next support zone is at 125.000 and the next resistance zone is at 127.150.
Look for buying opportunities of EUR/JPY if it breaks above the key level of 126.



more…

READ  EURJPY for FOREXCOM:EURJPY by Daniel_Conde