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The bullish rally in the stock markets

The bullish rally in the stock markets | 29 November 2019

29 November 2019, USD/JPY

USDJPY trading plan:

The bullish rally in the stock markets will have a positive impact on the value of USDJPY. China's state council said that it would step up punishment for intellectual property violations - a key sticking point in the U.S.-China conflict - and that it would lower non-tariff trade barriers. This is a positive signal for the stock markets! Supported by the lowest unemployment rate in United States in nearly 50 years, consumer spending has helped insulate the economy from the White House's 16-month trade war with China.

Trading recommendation: Buy 109.47 and take profit 109.78.

TRADE OILS WITHOUT SWAPS!

David Johnson
Analyst of «FreshForex» company
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