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

The cross EUR/JPY is trading sideways from 129.00-20 to 128.20-00, limited to the general downtrend the whole week. At the same time, deals for sale should be considered in the zone of 128.70-50, the breaking through of which will indicate the resumption of a downtrend and will open the way to support levels: 128.00 and 127.70-40. Resistance marks are: 129.00 and 129.30.

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Hanzenko Anton

Earn with the help of the trade service on the news Erste News!

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