EXNESS - Analytics

    EXNESS

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    USDJPY: consolidation below the 122.93 resistance level

    Buy on a level breakthrough of 122.93 with 123.53 target. Stop loss = 122.43.

    Reason for the trading strategy

    In June, the ISM business activity index in the US non-manufacturing sector rose from 55,7 p. to 56.0 p.The transactions in the services sector form a significant part of the US GDP. The statistics support the US dollar. Today at 12.30 GMT, it is worth paying attention to the US foreign trade data.

     

    USDJPY, H4

    USDJPY


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