Sell on a level breakthrough of 134.16 with 133.14 target. Stop loss = 134.66.
Reason for the trading strategy
Risks of EUR/USD sliding to the 1.1 level may provoke a decrease in the EUR/JPY pair to the 133.14 level. The September publication of statistics on the US labor market will probably represent the key pressure factor on the euro this week.
Reason for the trading strategy
Risks of EUR/USD sliding to the 1.1 level may provoke a decrease in the EUR/JPY pair to the 133.14 level. The September publication of statistics on the US labor market will probably represent the key pressure factor on the euro this week.
EURJPY: Consolidation in the 134.16-135.30 range
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