EURJPY
Dec. 4, 2015, 10:43
Buy on a level breakthrough of 134.50 with 135.00 target. Stop loss = 134.00.
Reason for the trading strategy
Despite the adjusting decline in the EUR/JPY pair after yesterday's growth, Germany's positive macroeconomic statistics are in favor of the continuation of an upward trend in the euro cross-rates. Today it became known that the volume of industrial orders in Germany rose by 1.8% (m/m) in October, with a forecast of +1.3% (m/m).
EURJPY, H
Dec. 4, 2015, 10:43
Buy on a level breakthrough of 134.50 with 135.00 target. Stop loss = 134.00.
Reason for the trading strategy
Despite the adjusting decline in the EUR/JPY pair after yesterday's growth, Germany's positive macroeconomic statistics are in favor of the continuation of an upward trend in the euro cross-rates. Today it became known that the volume of industrial orders in Germany rose by 1.8% (m/m) in October, with a forecast of +1.3% (m/m).
EURJPY, H
EURJPY: adjustment after a growth
