Exness | USDJPY: under pressure against the background of rising geopolitical tensions in the Middle East

Exness : USDJPY Nov. 25, 2015, 09:17

Sell on a level breakthrough of 122.21 with 121.48 target. Stop loss = 122.71.
Reason for the trading strategy
Yesterday’s crash of the Russian Su-24 in Syria has caused a sharp drop in demand for risky assets in global markets. Currently, investors are buying defensive assets: the yen, gold, US bonds, etc.
USDJPY, H4

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