Cross-rates signals: EUR/JPY forms a “double top”
Cross EUR/JPY retains the potential for decline, while maintaining a downtrend and the formation of a “double top”.
We should expect a resumption of decline to support levels: 117.00 and 116.70 with the pair returning below the 117.60-50 zone.
Resistance is located at 117.80 and 118.00.
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