EXNESS - Analytics

    EXNESS

    628.50 4.00/10
    69% of positive reviews
    Real

    EURJPY: under pressure after the publication of the figures for the volume of industrial production in Germany

    Sell on a level breakthrough of 134.57 with 133.87 target. Stop loss = 135.07.

    Reason for the trading strategy

    In May, the volume of industrial production in Germany was unchanged in monthly terms. However, the April data was revised downwards from 0.9% (m/m) to 0.6% (m/m). The weak macroeconomic data on Germany and the Greek debt problems have put pressure on the euro cross rates.

     

    EURJPY, H1

    EURJPY


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree