Cross-rates signals: EUR/JPY is near significant resistance

Cross EUR/JPY returned to the upper boundary of the downward channel, which opens up the possibility for sales after a short correction after a decline. The sales zone is located in the range from 128.50 to 128.00, which also corresponds to the zone of the downward channel. Significant resistance levels are located at 128.80 and 129.20. The support and goals are the marks: 127.00 and 126.50.

Read also: “The Euro index as an auxiliary indicator”

Hanzenko Anton

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