10 February 2021, USD/JPY
USDJPY trading plan:
The U.S. dollar index traded near two-week lows as demand for safer assets ebbed, with investors looking ahead to an expected recovery from the COVID-19 pandemic this year, driven by massive fiscal and monetary stimulus. Traditionally viewed as a safe haven, the dollar has sunk against major peers as optimism over monetary and fiscal support from policymakers, robust corporate earnings and the prospect that COVID-19 vaccines could hasten a return to normality in the United States and elsewhere have bolstered risk sentiment.
Investment idea: Sell 104.70 and take profit 104.30.
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2 steps to get the Invest-portfolio:
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