Buy on a level breakthrough of 102.00 with 103.38 target. Stop loss = 101.50.
Reason for the trading strategy
The buyers of Japanese stocks reacted positively to the results of the elections held in the upper house of the Japanese Parliament on the weekend. According to the voting results, the victory was carried by the ruling coalition of the Liberal Democratic Party of Japan, headed by Shinzo Abe, Prime Minister, and the "Komeito" party. And today, Shinzo Abe said that the Japanese government is preparing to take measures to stimulate the economy, which will be announced July 12.
Reason for the trading strategy
The buyers of Japanese stocks reacted positively to the results of the elections held in the upper house of the Japanese Parliament on the weekend. According to the voting results, the victory was carried by the ruling coalition of the Liberal Democratic Party of Japan, headed by Shinzo Abe, Prime Minister, and the "Komeito" party. And today, Shinzo Abe said that the Japanese government is preparing to take measures to stimulate the economy, which will be announced July 12.
Exness-The Japanese currency falls after victory of the ruling coalition in Japan
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