EXNESS - Analytics

EXNESS

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EURJPY: growth against the background of the collapse of the euro

Buy on a level breakthrough of 130.80 with 131.85 target. Stop loss = 130.30.

Reason for the trading strategy

The adjustment of the euro against the US dollar supports the euro cross rates. Currently, market participants allow for a decrease in the deposit rates in the Eurozone, but only by 10 bps and not by 20 bps.

EURJPY, H4

EURJPY



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