الثلاثاء، 19 أبريل 2016

USDJPY: consolidation below the level of 109.21

Buy on a level breakthrough of 109.21 with 109.75 target. Stop loss = 108.70.

Reason for the trading strategy

The positive closing of the US and Asian stock markets contributes to the weakening of the protective yen. The S&P500 has gained 0.65%, while the Nikkei 225 has gained 3.68%. At the breakthrough of the 109.21 level opening long positions in the USDJPY pair is worth considering.


USDJPY: consolidation below the level of 109.21

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