EXNESS - Analytics


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    The EURJPY pair is approaching the 134.65 level

    Sell on a level breakthrough of 134.65 with 133.39 target. Stop loss = 135.15.

    Reason for the trading strategy

    Today's decision by the Bank of Japan not to expand the asset purchases program and the weak macroeconomic data in Germany put pressure on the EUR/JPY pair. In the short term there are risks that it could decline below the 134.65 level.

    EURJPY, H4


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