ByJin Dao Tai
SEP 1, 2021
Overall, EUR/JPY is ranging across. Recently, EUR/JPY trended into the resistance zone of 130.000.
The eurozone CPI flash estimate y/y data released yesterday indicated a strong rise in annual inflation in July, surpassing the European Central Bank’s 2% inflation target.
- CPI Flash Estimate y/y (Actual: 3.0%, Forecast: 2.7%, Previous: 2.2%)
- Core CPI Flash Estimate y/y (Actual: 1.6%, Forecast: 1.5%, Previous: 0.7%)
Yesterday, European Central Bank governing council member Robert Holzmann highlighted in an interview that the central bank should begin discussing quantitative easing tapering during the monetary policy meeting next week as the euro-area economy is recovering broadly as expected.
The eurozone Unemployment Rate data (Forecast: 7.6%, Previous: 7.7%) will be released later at 1700 (GMT+8).
Currently, EUR/JPY is testing the resistance zone of 130.000 and the next support zone is at 128.500.
Look for buying opportunities of EUR/JPY if it breaks the resistance zone of 130.000.
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
