EXNESS - Analytics

    EXNESS

    628.50 4.00/10
    69% of positive reviews
    Real

    EURJPY: growth against the background of weakening yen

    Buy on a level breakthrough of 127.16 with 128.38 target. Stop loss = 126.66. 

    Reason for the trading strategy

    The weak macroeconomic data on the Japanese economy (retail sales and unemployment) have increased the expectations of a further expansion of monetary and fiscal stimulus measures in Japan. In the coming weeks, the EURJPY pair may test the level of 128.38.    

     

    EURJPY, Daily

     


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree