EXNESS - Analytics

    EXNESS

    631.50 4.00/10
    69% of positive reviews
    Real

    USDJPY: under pressure against the backdrop of curtailing of the carry trade operations

    Sell on a level breakthrough of 122.25 with 121.48 target. Stop loss = 122.75.

    Reason for the trading strategy

    Today, the pessimism reigns in Asia, the CSI300 index is decreasing by 3.5%, the Nikkei 225 index is decreasing by 0.3% after the data on the reduction of industrial enterprises' profits in China and by 2.4% (y/y) after the data on the reduction of expenses of Japanese households.

    USDJPY, H4


    USDJPY


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree