EXNESS - Analytics

    EXNESS

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    Real

    The EURJPY pair is still under pressure

    Sell on a level breakthrough of 110.81 with 109.55 target. Stop loss = 111.31.

    Reason for the trading strategy

    The reduction in the euro and the strengthening of the yen against the dollar are putting double pressure on the EURJPY pair. At the breakthrough of 110.81 level, opening another set of short positions in the pair should be considered.

     

    EURJPY, H1

     


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