eurjpy: consolidation

  1. E

    EURJPY: consolidation below the level of 138.12

    Buy on a level breakthrough of 138.12 with 138.83 target. Stop loss = 137.50. Reason for the trading strategy The producer price index in Germany was unchanged in July, with a forecast of -0.1% (m/m). The data reflect the stronger-than-expected inflationary pressures in the Eurozone's...