Cross-rates signals: EUR/JPY is preparing to resume a growth

Cross EUR/JPY, after almost two days of movement in the side channel from 128.90 to 128.20, unloaded the overbought of the pair, which was traced at the start of the week. At the same time, the four-day ascending channel for this pair is preserved. So, from the support levels: 128.30-50 one should expect a rebound with further resumption of growth, which will be limited to resistance levels: 128.80 and 129.30. Support is located at marks: 128.20 and 128.00.

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Hanzenko Anton

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