Sell on a level breakthrough of 101.46 with 99.92 target. Stop loss = 102.00.
Reason for the trading strategy
Today the National Bank of China held the maximum devaluation of the yuan in 10 months - by 0.9%. Against this background, investors have started to buy the protective yen. The demand for it increased sharply due to the political crisis that arose in the EU after the UK referendum.
Reason for the trading strategy
Today the National Bank of China held the maximum devaluation of the yuan in 10 months - by 0.9%. Against this background, investors have started to buy the protective yen. The demand for it increased sharply due to the political crisis that arose in the EU after the UK referendum.
Exness - USDJPY: consolidation above the level of 101.46
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