Sell on a level breakthrough of 108.22 with 107.50 target. Stop loss = 108.72.
Reason for the trading strategy
According to Mr. Kuroda, the head of the Bank of Japan, the Japanese economy conditions "are no longer deflationary". Formally, this indicates that there is no need to expand the monetary measures to stimulate the national economy. Against this background strengthening of the yen is observed.
Reason for the trading strategy
According to Mr. Kuroda, the head of the Bank of Japan, the Japanese economy conditions "are no longer deflationary". Formally, this indicates that there is no need to expand the monetary measures to stimulate the national economy. Against this background strengthening of the yen is observed.
Exness - The USDJPY pair is sliding down to the level of 108.22
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