EXNESS - Analytics

    EXNESS

    631.50 4.00/10
    69% of positive reviews
    Real

    USDJPY: under pressure against the background of another Chinese stock market collapse

    Sell on a level breakthrough of 123.30 with 122.80 target. Stop loss = 123.80.

    Reason for the trading strategy

    Today's 8.48% decline in the Shanghai Composite Index led to a curtailing of the carry trade operations in Asia and provided substantial support for the yen and the euro, which are used as funding currency.

     

    USDJPY, H4

    USDJPY


    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