Buy on a level breakthrough of 109.10 with 109.91 target. Stop loss = 108.60.
Reason for the trading strategy
In March, Japan's producer price index declined from -3.4% to -3.8% in annual terms. The statistics indicates a decrease in the inflationary pressures in the country, which requires a strengthening of the monetary stimulus measures.
Reason for the trading strategy
In March, Japan's producer price index declined from -3.4% to -3.8% in annual terms. The statistics indicates a decrease in the inflationary pressures in the country, which requires a strengthening of the monetary stimulus measures.
USDJPY: consolidation below the level of 109.10
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