EXNESS - Analytics

    EXNESS

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    Real

    The dollar actively recovers its positions against the yen

    Buy on a level breakthrough of 123.69 with 124.38 target. Stop loss = 123.10.

    Reason for the trading strategy

    Yesterday, strong macroeconomic statistics for the United States was published, supporting the world's reserve currency. In June, the volume of durable goods orders in the US increased by 3.4% (m/m), with a forecast of 3.2% (m/m). Today it is worth paying attention to the publication of the Markit business activity index in the US services sector and to the Conference Board consumer confidence index.
     

    USDJPY, H4

    USDJPY

     


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