EXNESS - Analytics

    EXNESS

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    EURJPY: adjustment from the 123.03 support level

    Sell on a level breakthrough of 123.03 with 122.50 target. Stop loss = 123.53.

    Reason for the trading strategy

    Expectations of an expansion of the monetary stimulus measures in the euro zone in March put pressure on the EURJPY pair. At the level breakthrough of 123.03, opening short positions in the pair should be considered.

     

    EURJPY, H1

     


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