EXNESS - Analytics

    EXNESS

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    EURJPY: growth after publication of the consumer confidence index in Japan

    Buy on a level breakthrough of 135.74 with 136.79 target. Stop loss = 135.14.

    Reason for the trading strategy

    In June, the consumer confidence index in Japan rose from 41.4 n. to 41.7 p. The data indicates an increase in consumer spending in the country and contributes to an increase in the number of yen carry trade transactions.

     

    EURJPY, H4

    EURJPY


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