EXNESS - Analytics

    EXNESS

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    Real

    The Bank of Japan is interested in reducing the national currency

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

    Reason for the trading strategy

    Today the Manager of the BOJ Kuroda said that doubts about the Bank of Japan's ability to increase asset purchases have been completely dispelled.
    He believes that the Bank of Japan's current policy is "working towards ... reducing the cost of the yen."

     

    USDJPY, H4


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