EXNESS - Analytics

    EXNESS

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    EURJPY: consolidation around the level of 132.15

    Buy on a level breakthrough of 132.15 with 134.62 target. Stop loss = 131.65.

    Reason for the trading strategy

    Today, it is worth paying attention to the publication of the preliminary inflation data in the Eurozone. Its potential growth from 0.2% to 0.4% per annum will lead to the growth of the European bonds yields and will strengthen the euro cross rates. 

    EURJPY, Daily


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