EXNESS - Analytics


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    USDJPY: consolidation around the level of 113.83

    Buy on a level breakthrough of 113.83 with 114.55 target. Stop loss = 113.33.

    Reason for the trading strategy

    Last week, the number of jobless claims in the US fell from 277 thousand to 259 thousand. This will be conducive to a further reduction in the unemployment level and enhance the probability of an increase in the US interest rates. 

    USDJPY, H1

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