EXNESS - Analytics

EXNESS

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Real

The USDJPY pair is testing the level of 120.31

Sell on a level breakthrough of 120.31 with 118.44 target. Stop loss = 120.81.

Reason for the trading strategy

The USD/JPY pair is declining against the background of the carry trade transactions in Asia. From the technical point of view, with the level breakthrough of 120.31 opening short positions in the pair should be considered.

 

USDJPY, H4

USDJPY



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