Cross-rates signals: EUR/JPY remains in an uptrend

Cross EUR/JPY after testing the support level at the start of the day at 131.90, which corresponds to the lower border of the upward channel, resumed growth, thus indicating the potential to strengthen this pair and maintain growth. The return of the pair above 132.50-60 will open the way to resistance levels: 132.80-133.00 and 133.30. Support is located at the levels: 132.40 and 132.20, breaking through which will call into question keeping the uptrend.

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Hanzenko Anton

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