EXNESS - Analytics

    EXNESS

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    EURJPY: under pressure against the background of strengthening yen

    Sell on a level breakthrough of 127.34 with 126.78 target. Stop loss = 127.84.

    Reason for the trading strategy

    The situation in the financial markets did a 180 compared to yesterday's situation. After an adjustment at $30, the oil prices fell to $28. Sales of commodity companies' shares provoked the investors' exit in favor of the yen.

    EURJPY, H4


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