EXNESS - Analytics

    EXNESS

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    EURUSD: under pressure against the background of a resumption of the euro carry trade transactions

    Sell on a level breakthrough of 1.0882 with 1.0818 target. Stop loss = 1.0932.

    Reason for the trading strategy

    Today's decision made by the Japanese regulator led to the reduction in the demand for protective assets in the international currency market (the euro, the yen, and the franc declined against the US dollar) and to the strengthening of the commodity currencies. 

    EURUSD, H1


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