Buy on a level breakthrough of 114.57 with 115.50 target. Stop loss = 114.07.
Reason for the trading strategy
Expectations of an increase of consumer price inflation in the Eurozone from -0.1% (y/y) to 0% (y/y) in June support the euro cross rates. A likely increase in the inflationary pressures will be due to the increase in energy prices in the Eurozone.
Reason for the trading strategy
Expectations of an increase of consumer price inflation in the Eurozone from -0.1% (y/y) to 0% (y/y) in June support the euro cross rates. A likely increase in the inflationary pressures will be due to the increase in energy prices in the Eurozone.
Exness-EURJPY: growth before publication of the inflation statistics in the Eurozon
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