EURJPY
March 28, 2016, 09:58
Buy on a level breakthrough of 126.87 with 127.27 target. Stop loss = 126.47.
Reason for the trading strategy
Tomorrow, the Japanese currency will respond to the statistics on the labor market and retail sales in Japan. If it turns out worse than expected, it will put pressure on the profitability of the Japanese bonds and push the EURJPY pair above the level of 127.27.
March 28, 2016, 09:58
Buy on a level breakthrough of 126.87 with 127.27 target. Stop loss = 126.47.
Reason for the trading strategy
Tomorrow, the Japanese currency will respond to the statistics on the labor market and retail sales in Japan. If it turns out worse than expected, it will put pressure on the profitability of the Japanese bonds and push the EURJPY pair above the level of 127.27.
EURJPY: growth against the background of weakening yen
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