Sell on a level breakthrough of 130.34 with 129.00 target. Stop loss = 130.84.
Reason for the trading strategy
The EUR/JPY pair is under pressure against the background of a significant strengthening of the yen on the foreign exchange market. A more conservative stance of the Bank of Japan concerning the asset purchases program and the latest macroeconomic data in this country support investor interest in Japanese assets. Today, the Nikkei 225 adds on around a quarter of a percent.
Reason for the trading strategy
The EUR/JPY pair is under pressure against the background of a significant strengthening of the yen on the foreign exchange market. A more conservative stance of the Bank of Japan concerning the asset purchases program and the latest macroeconomic data in this country support investor interest in Japanese assets. Today, the Nikkei 225 adds on around a quarter of a percent.
EURJPY: under pressure with a growing yen on the background
ليست هناك تعليقات:
إرسال تعليق