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EUR/JPY Outlook (04 May 2021)

FX:EURJPY   Euro / Japanese Yen
Overall, EUR/JPY is trending upwards. Recently, EUR/JPY bounced down from the key level of 132.

Japanese banks will be closed today in observance of Greenery Day. Expect lower trading volatility and volume during the usual Japanese market hours.
Also, Japanese banks will be closed tomorrow in observance of Children’s Day.

EUR/JPY’s next support zone is at 130.800 and the next resistance zone is at 132.800.
Look for short-term buying opportunities of EUR/JPY.

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