Buy on a level breakthrough of 130.80 with 131.85 target. Stop loss = 130.30.
Reason for the trading strategy
The adjustment of the euro against the US dollar supports the euro cross rates. Currently, market participants allow for a decrease in the deposit rates in the Eurozone, but only by 10 bps and not by 20 bps
Reason for the trading strategy
The adjustment of the euro against the US dollar supports the euro cross rates. Currently, market participants allow for a decrease in the deposit rates in the Eurozone, but only by 10 bps and not by 20 bps
EURJPY: growth against the background of the collapse of the euro
