Positive macroeconomic statistics from the United States | 17 February 2020

17 February 2020, USD/JPY

USDJPY trading plan:

A bullish rally on the U.S. stock market will have a positive impact on the value of USDJPY. Positive macroeconomic statistics from the United States signal a continuation of the upward trend in the stock market. The retail sales rose 0.3% in January. Auto sales rebounded 0.2% after slumping 1.7% in December. Sales at building material stores jumped 2.1%, the most since last August. Sales at restaurants and bars increased 1.2%. Spending at hobby, musical instrument and book stores edged up 0.1%.

Trading recommendation: Buy 109.77 and take profit 110.00.

In December we have shared a strategy for gold trading, and FreshForex clients have earned 121% from it. This strategy was suitable for trading in December and January.

Now you can test the new strategy, already in January it showed a return of 19% and is suitable for any season.

How to receive the trading strategy?

1) Fund the account on $100 or more from February 4 to February 29, 2020.

2) send e-mail to school@freshforex.com with the account number, funded on $100 or more.

Make a strong strategic move!

David Johnson
Analyst of «FreshForex» company
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