EXNESS - Analytics

EXNESS

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Real

EURJPY: consolidation above the level of 113.67

Sell on a level breakthrough of 113.67 with 112.94 target. Stop loss = 114.17.

Reason for the trading strategy

According to the unofficial data, the ECB may change the rules of the quantitative easing program, as due to the British decision to withdraw from the EU, the number of shares available for purchase is reduced. The expected expansion of money supply in the Eurozone will put pressure on the euro cross rates.

 

EURJPY, H1

 



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