EXNESS - Analytics


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    The USDJPY pair approaches the 2016 low

    Sell on a level breakthrough of 106.36 with 105.53 target. Stop loss = 106.86.

    Reason for the trading strategy

    A worsening of the economic situation in the US has led investors to talk about the risk of the world's largest economy sliding into recession. The USDJPY pair updating this year's low of 105.53 could trigger its decline to around 100-101.  

    USDJPY, H4


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