Buy on a level breakthrough of 108.86 with 111.90 target. Stop loss = 108.36.
Reason for the trading strategy
Yesterday Taro Aso, Japan's Finance Minister, said in the national parliament that Japan has the means to carry out currency intervention. Verbal intervention resulted in a significant weakening of the Japanese currency.
Reason for the trading strategy
Yesterday Taro Aso, Japan's Finance Minister, said in the national parliament that Japan has the means to carry out currency intervention. Verbal intervention resulted in a significant weakening of the Japanese currency.
Exness - USDJPY: growth against the background of the weakening yen
