Sell on a level breakthrough of 122.75 with 121.70 target. Stop loss = 123.25.
Reason for the trading strategy
The macro-economic statistics for the Eurozone and Japan published today put pressure on the EURJPY cross-rate. A decrease in the business activity index in the manufacturing sector was recorded in the Eurozone and a growth of the trade balance was recorded in Japan.
Reason for the trading strategy
The macro-economic statistics for the Eurozone and Japan published today put pressure on the EURJPY cross-rate. A decrease in the business activity index in the manufacturing sector was recorded in the Eurozone and a growth of the trade balance was recorded in Japan.
Exness - EURJPY: consolidation above the level of 122.75
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