Buy on a level breakthrough of 137.03 with 138.91 target. Stop loss = 136.50.
Reason for the trading strategy
The threat of deflation proliferation in the Eurozone and Japan requires the national regulators to expand the asset purchases program. Perhaps the Bank of Japan will decide to further soften the monetary policy in the coming months.
Reason for the trading strategy
The threat of deflation proliferation in the Eurozone and Japan requires the national regulators to expand the asset purchases program. Perhaps the Bank of Japan will decide to further soften the monetary policy in the coming months.
The EUR/JPY pair may test the level of 138.91 in the medium term
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