Buy on a level breakthrough of 122.86 with 123.62 target. Stop loss = 122.36.
Reason for the trading strategy
Today, the Nikkei 225 is winning back the positive closing of the US stock exchanges, growing by 1.57%.
In addition, the upward revision of Japans' industrial production data for May contributes to the yen carry trade transactions. In the reporting period, the indicator fell by only 2.1% (m / m) and not by 2.2%.