Sell on a level breakthrough of 123.03 with 122.50 target. Stop loss = 123.53.
Reason for the trading strategy
Expectations of an expansion of the monetary stimulus measures in the euro zone in March put pressure on the EURJPY pair. At the level breakthrough of 123.03, opening short positions in the pair should be considered.
Reason for the trading strategy
Expectations of an expansion of the monetary stimulus measures in the euro zone in March put pressure on the EURJPY pair. At the level breakthrough of 123.03, opening short positions in the pair should be considered.
EURJPY: adjustment from the 123.03 support level
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