Ex.ness Support
2015-08-01, 09:27 PM
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EURJPY: consolidation after the publication of the unemployment rate in Germany
Sell on a level breakthrough of 135.90 with 134.90 target. Stop loss = 136.40.
Reason for the trading strategy
In July, the unemployment rate in Germany was 6.4%, as expected. However, in July, the number of unemployed in Germany increased by 9 thousand, and the June value was revised upwards from -1 thousand to +1 thousand. The data are moderately negative for the euro cross rates.
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EURJPY: consolidation after the publication of the unemployment rate in Germany
Sell on a level breakthrough of 135.90 with 134.90 target. Stop loss = 136.40.
Reason for the trading strategy
In July, the unemployment rate in Germany was 6.4%, as expected. However, in July, the number of unemployed in Germany increased by 9 thousand, and the June value was revised upwards from -1 thousand to +1 thousand. The data are moderately negative for the euro cross rates.
To read more of our daily analysis visit https://www.exness.com/analytics/
Please join Us : https://www.exness.com/register/a/7081235
Follow Us : https://www.facebook.com/exnessss