EXNESS - Analytics

EXNESS

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The USDJPY pair is trying to return to the level of 113.98

Buy on a level breakthrough of 113.28 with 113.98 target. Stop loss = 112.78.

Reason for the trading strategy

   Despite the apparent suspension of the cycle of tightening the interest rate policy in the US in March, the US Federal Reserve will not give up on the normalization of the monetary policy plans. This year, the American regulator is likely to raise the rate twofold, rather than threefold (in June and December).

 

USDJPY, H1

 



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