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    EXNESS

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    USDJPY: under pressure after the US Federal Reserve and the Bank of Japan meetings

    Sell on a level breakthrough of 103.54 with 102.50 target. Stop loss = 104.04.

    Reason for the trading strategy

    The USDJPY pair came under pressure after the US and Japanese regulators kept the parameters of the monetary policy unchanged. Futures on the rate after the US regulator's release allow for an almost zero probability of its increase in July and only a 16% probability in September. 

     

    USDJPY, H4

     


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