EXNESS - Analytics

    EXNESS

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    Real

    EURJPY: growth after the publication of the business activity index in the euro zone's services sector

    Buy on a level breakthrough of 136.91 with 137.85 target. Stop loss = 136.41.

    Reason for the trading strategy

    Against the background of growth of the EUR/USD pair, the EUR/JPY pair attempts an adjustment towards the upper limit of the 135.88-137.85 range. The increase of the business activity index in the euro zone's services sector from 53.8 p. 54.4 to p. in June supports the euro cross rates.

     

    EURJPY, H4

    EURJPY


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