The deal for a $2 trillion

26 March 2020, USD/JPY

USDJPY trading plan:

Senators in the U.S. announced overnight that they had reached a deal for a $2 trillion package and were close to a vote after the text of the bill is finalized. President Donald Trump wants America to get back to business by Easter, suggesting some efforts to slow the spread of coronavirus outbreak will no longer be needed by then. "I would love to have the country opened up and just raring to go by Easter," Donald Trump said on Fox News Channel. This is a good signal for the stock market and USD JPY, which has a correlation with the shares.

Trading recommendation: Buy 110.25 and take profit 110.88.

David Johnson
Analyst of «FreshForex» company
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