The EUR/JPY currency pair might fall in the medium-long term, according to the daily and weekly charts. The MACD indicator is into negative territory on the daily chart. A potential target in the medium term might be 126.25 where is Fibo 0.50. On the other hand, the RSI oscillator on the weekly chart stays below 50.
The most important data of the week:
Germany CPI MoM +0.1% expectation (+0.1% previous)
YoY +2.3% expectation (+2.3%% previous)
ECB rate decision unchanged expectation -0.40% ( -0.40% previous)
Japan Tankan Manufacturing Index 4Q +18 expectation ( 19 previous)