Сross-rates signals : EUR/JPY is in anticipation of growth

Cross EUR/JPY retains the potential for strengthening, in fact, limited to correction after growth, while maintaining optimism for Brexit and a two-week uptrend.

The resumption of growth of this currency pair can be expected to consolidate above the zone of 121.00-20.

This will open the way to resistance levels: 121.70 and 122.00. Support levels are located at levels: 120.80 and 120.60.

Read also: “Political risks in the UK
increase the chances of Brexit without a deal ”

Hanzenko Anton

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