EXNESS - Analytics

    EXNESS

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    EURJPY: consolidation before the publication of macroeconomic statistics in the US

    Sell on a level breakthrough of 135.25 with 133.32 target. Stop loss = 136.00.

    Reason for the trading strategy

    Today the publication of industrial production in the euro zone and the ZEW Institute sentiment index may put pressure on the euro cross rates. At a breakthrough of the 135.25 support level, opening short positions for the EUR/JPY pair is worth considering.

     

    EURJPY, H4

    EURJPY


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