FX.co ★ jerome82 | EUR/JPY

Hello, friends! Have a nice day! The EUR/JPY currency pair has slightly lost momentum and slowed down its movement after reaching the imbalance zone yesterday. The price reacted to this zone and decreased slightly. This morning, the pair is trading at the level of 168.30 in a narrow range, most likely due to many European countries having a holiday today. The main movement is expected to shift to the evening when there will be significant news regarding the dollar, which may impact the EUR/JPY currency pair. Therefore, we need to carefully monitor the time and price behavior as there may be surprises today. The day is not quite ordinary and requires increased attention. The interest rate on the dollar is always volatile and unpredictable. The market's reaction to the previously announced data may change and put the market in an uncomfortable position. Good luck to everyone!