Overall, EUR/JPY is ranging across. Recently, EUR/JPY rejected the resistance zone of 130.500.

The European Central Bank will be releasing the minutes for the previous monetary policy meeting later at 1930 (SGT).

Currently, EUR/JPY is moving towards the key level of 130. Its next support zone is at 128.500 and the next resistance zone is at 130.500.
Look for selling opportunities of EUR/JPY if it breaks below the key level of 130.

Be sure to follow me on Twitter at @jdtai and on TradingView at Jin_LCMSTraders for my latest post!


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By Jin Dao Tai

JinDao Tai is an Entrepreneur, Award-Winning Forex Coach & Trainer, International Speaker and Multi-Million Dollar Trader. Starting out his career as an economic & financial consultant in Australia, one day he decided to change his life and pivoted into multiple entrepreneurship endeavours and eventually into managing a multi-million dollar portfolio.

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