EURJPY
Aug. 24, 2015, 09:20
Buy on a level breakthrough of 138.98 with 139.94 target. Stop loss = 138.48.
Reason for the trading strategy
The simultaneous growth of the euro and the yen does not allow the EUR/JPY pair get out of the range of 138,13-138,98. No significant macroeconomic statistics for the Eurozone is expected to be issued today. On a level breakthrough of 138.98, opening long positions in the pair is worth considering.
Aug. 24, 2015, 09:20
Buy on a level breakthrough of 138.98 with 139.94 target. Stop loss = 138.48.
Reason for the trading strategy
The simultaneous growth of the euro and the yen does not allow the EUR/JPY pair get out of the range of 138,13-138,98. No significant macroeconomic statistics for the Eurozone is expected to be issued today. On a level breakthrough of 138.98, opening long positions in the pair is worth considering.
EURJPY: Consolidation in the range of 138.13-138.98
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