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.