EURJPY
July 27, 2015, 10:28
Buy on a level breakthrough of 136.41 with 137.80 target. Stop loss = 135.90.
Reason for the trading strategy
The expectations of an increase in Germany's Ifo business climate index from 107.4 p. to 107.6 p. in July are supporting the euro cross rates. At a breakthrough of the level of 136.41, opening long positions in the EUR/JPY pair is worth considering.
July 27, 2015, 10:28
Buy on a level breakthrough of 136.41 with 137.80 target. Stop loss = 135.90.
Reason for the trading strategy
The expectations of an increase in Germany's Ifo business climate index from 107.4 p. to 107.6 p. in July are supporting the euro cross rates. At a breakthrough of the level of 136.41, opening long positions in the EUR/JPY pair is worth considering.
EURJPY: growth before the publication of Germany's Ifo business climate index
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