EXNESS - Analytics

    EXNESS

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    Real

    The USDJPY pair is rushing towards the 113.15 level

    Buy on a level breakthrough of 113.15 with 113.65 target. Stop loss = 112.65.

    Reason for the trading strategy

    In January, the annual inflation rate in the United States accelerated from 0.7% to 1.4%.  Despite the growth of the index in March, the US Federal Reserve will refrain from raising the base interest rate (at least because of the threat of a collapse of the Chinese economy).   

     

    USDJPY, H1


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