EXNESS - Analytics


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    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


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