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The two sides would reach an agreement

The two sides would reach an agreement | 25 May 2023

25 May 2023, USD/JPY

The two sides would reach an agreement

USDJPY trading plan:

Negotiators for Democratic President Joe Biden and top congressional Republican Kevin McCarthy held what both sides called productive talks to try to reach a deal to raise the United States' $31.4 trillion debt ceiling and avoid a catastrophic default. After a four-hour White House meeting, U.S. House Speaker McCarthy said negotiations had improved. But the White House and congressional Democrats also accused Republicans of taking the economy hostage to advance an agenda they could otherwise not pass. They said Republicans need to make more concessions as they will need Democratic votes to pass any deal.

Investment idea: sell 139.99 and take profit 139.20.

David Johnson
Analyst of «FreshForex» company
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