EXNESS - Analytics

    EXNESS

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    USDJPY: growth against the background of a resumption of carry trade operations

    Buy on a level breakthrough of 114.87 with 116.35 target. Stop loss = 114.37.

    Reason for the trading strategy

    The resumption of the carry trade operations puts pressure on the yen. Today, the Nikkei 225 index grows by 0.2%, while the CSI300 grows by 3.08%. This week, the USDJPY pair is likely to test the 116.35 level.

     

    USDJPY, Daily


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