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

Cross EUR/JPY after a moderate correction after a decline in the first half of the day remains in a downtrend, limited to the psychological resistance level of 128.00, which also acts as the upper limit of the downward channel. The sales area is located in the zone 128.00-127.70, in which it is worth considering deals for the sale and resumption of the downtrend. Levels of support and goals are located at the levels: 127.00 and 126.80. Resistance levels are: 128.00 and 128.30.

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Hanzenko Anton

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