Buy on a level breakthrough of 123.50 with 124.00 target. Stop loss = 123.00.
Reason for the trading strategy
In September, Japan's current account surplus amounted to 1.468 trillion yen, with a forecast of 2.227 trillion yen. Despite the fact that the annualized figure rose by 50.1%, the data which was worse than expected, contributed to a weakening of the yen.