EXNESS - Analytics

    EXNESS

    626.50 4.00/10
    69% of positive reviews
    Real

    Prices are not growing in Japan

    Buy on a level breakthrough of 113.31 with 114.12 target. Stop loss = 112.81.

    Reason for the trading strategy

    The basic Japanese consumer price inflation (excluding the cost of fresh food products) amounted to 0% in annual terms in February. The regulator is trying to achieve its acceleration to 2% (y/y), but so far, his attempts seem to be unsuccessful.  In the future, we can not exclude a further easing of the monetary policy in the country.

    USDJPY, H4


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