Sell on a level breakthrough of 116.13 with 115.00 target. Stop loss = 116.63.
Reason for the trading strategy
Today's decline in the Nikkei 225 by 3.71% triggered the investors to exit in favor of the protective yen. The slowdown in China's economy, which is Japan's largest trading partner, will lead to a reduction in the growth rate of the Japanese economy.
Reason for the trading strategy
Today's decline in the Nikkei 225 by 3.71% triggered the investors to exit in favor of the protective yen. The slowdown in China's economy, which is Japan's largest trading partner, will lead to a reduction in the growth rate of the Japanese economy.
The USDJPY pair has updated its 2016 low
ليست هناك تعليقات:
إرسال تعليق