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EUR/JPY Signal - German Inflation data - 29 Aug 2019

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Signal Details
Entry Price: 
117.60
Take Profit: 
117.90
Stop Loss: 
117.30
Direction: 
High
Result: 
Profit
How we trade
5/5 of 3 ratings

EURJPY is currently trading at 117.60 ahead of the German inflation figures. Earlier today the German jobs data came as expected. The recent close above 117.70 may confirm a short-term bullish reversal. The consumer price index is forecasted to rise by 1.5% year-on-year.

eurjpy signal 29 aug 2019

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.