EXNESS - Analytics


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    The EURJPY pair has updated the February low

    Sell on a level breakthrough of 125.38 with 124.00 target. Stop loss = 125.88.

    Reason for the trading strategy

    Against the background of growing appetites for risk, the reduction in the EURUSD pair is putting pressure on the EURJPY pair. Due to the low inflationary pressures in the euro zone in March, the ECB may extend the asset purchases program.

    EURJPY, H4

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