Buy on a level breakthrough of 113.83 with 114.55 target. Stop loss = 113.33.
Reason for the trading strategy
Last week, the number of jobless claims in the US fell from 277 thousand to 259 thousand. This will be conducive to a further reduction in the unemployment level and enhance the probability of an increase in the US interest rates.
Reason for the trading strategy
Last week, the number of jobless claims in the US fell from 277 thousand to 259 thousand. This will be conducive to a further reduction in the unemployment level and enhance the probability of an increase in the US interest rates.
USDJPY: consolidation around the level of 113.83
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