Dec. 9, 2015, 09:48
Buy on a level breakthrough of 134.08 with 134.57 target. Stop loss = 133.60.
Reason for the trading strategy
The November statistics on Germany's foreign trade, the trade balance of which increased from 19.4 billion to 20.8 billion euros has contributed to today's strengthening of the euro cross-rates in addition to the curtailing of the euro carry trade operations.
EURJPY, H1
Buy on a level breakthrough of 134.08 with 134.57 target. Stop loss = 133.60.
Reason for the trading strategy
The November statistics on Germany's foreign trade, the trade balance of which increased from 19.4 billion to 20.8 billion euros has contributed to today's strengthening of the euro cross-rates in addition to the curtailing of the euro carry trade operations.
EURJPY, H1
EURJPY: growth against the background of an increase in Germany's trade balance
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