Tue, 29 Mar 2022 07:54:10 GMT
EUR/JPY reveals support zone
The EUR/JPY retraced downwards on Monday, in the aftermath of the Bank of Japan bond purchase announcement. Eventually the retracement ended, as support was found at 135.20/135.30. By the middle of Tuesday's trading, the support zone had been tested twice. Meanwhile, the 136.50 mark had acted as resistance.
If the currency exchange rate declines, it is expected to look for