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The positive signal for the stock markets

The positive signal for the stock markets | 21 November 2019

21 November 2019, USD/JPY

The positive signal for the stock markets

USDJPY trading plan:

We are expecting a bullish rally in the U.S. stock market which will have a positive impact on the value of USD JPY, as there is a correlation between the S&P500 and the currency pair. China is willing to work with the United States to resolve each other's core concerns on the basis of equality and mutual respect, and will try hard to reach a "phase one" deal, Gao Feng, spokesman at the ministry, told reporters. "This is in line with the interests of both China and the United States, and of the world," Gao said. This is a positive signal for the stock markets!

Trading recommendation: Buy 108.54 and take profit 109.20.

TRADE OILS WITHOUT SWAPS!

David Johnson
Analyst of «FreshForex» company
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