EXNESS - Analytics

    EXNESS

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    EURJPY: growth against the background of a weakening yen

    Buy on a level breakthrough of 136.37 with 136.93 target. Stop loss = 135.87.

    Reason for the trading strategy

    The September statistics on Japan's foreign trade put pressure on the yen. As a result, the EUR/JPY pair tested the 136.37 level. In the short term, it may rise to the level of 136.93.

    EURJPY, H1

    EURJPY


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