EXNESS - Analytics


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    USDJPY: consolidation before publication of macroeconomic statistics for the US

    Buy on a level breakthrough of 106.57 with 107.88 target. Stop loss = 106.07.

    Reason for the trading strategy

    The data on the producer prices and the US industrial production in the United States will be published today. If the figures show a growth in May, a closing of short positions in the USDJPY pair will be observed. 


    USDJPY, H1


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