when you have two cointegrating equations you have two long run relationship equations. Keep in mind that the maximum rank of cointegration is one less than the number of variables.
when you have two cointegrating equations you have two long run relationship equations. Keep in mind that the maximum rank of cointegration is one less than the number of variables.
Interpretation of the results is another subject, however. Interpretation depends on your model, I think. Before any interpretation of the results, you should check for correlation in the errors (diagnostic testing) as the Johansen test is sensitive to that.