EURJPY
Sell on a level breakthrough of 140.54 with 139.00 target. Stop loss = 141.10.
Reason for the trading strategy
In November, the volume of industrial production in Germany fell by 0.1% (m/m). The data reflects a decline in the real sector of the euro zone's largest economy. These news is negative for the euro. On the support level breakthrough of 140.54, opening short positions in the EURJPY pair is worth considering.
EURJPY, H4