EXNESS - Analytics


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    In the short term, the USDJPY pair will test the level of 114.87

    Buy on a level breakthrough of 114.35 with 114.87 target. Stop loss = 113.85.

    Reason for the trading strategy

    The US labor market statistics for February will be published tomorrow. Its improvement will increase the likelihood of the base interest rate increasing in the United States. According to the number of estimates, the unemployment rate in the country will drop from the current 4.9% to 4.5% by the end of the year.


    USDJPY, H4


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