EXNESS - Analytics

    EXNESS

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    USDJPY: under pressure against the background of the growing business activity index in Japan's manufacturing sector

    Sell on a level breakthrough of 122.62 with 122.21 target. Stop loss = 123.02.

    Reason for the trading strategy

    In November, the preliminary business activity index in Japan's manufacturing sector increased from 52.4 p. to 52.8 p., and that of the USA declined from 54.1 p. to 52.6 p. The statistics put pressure on the USD/JPY pair.

    USDJPY, H4

    USDJPY


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