The bullish signal for USDJPY | 26 فبراير 2019
26 فبراير 2019, USD/JPY
USDJPY trading plan:
The hopes for a trade deal between the U.S. and China increased investor appetite for riskier assets such as equities and emerging market currencies. U.S. President Donald Trump tweeted that he would push back a March 1 deadline for new tariffs on $200 billion worth of Chinese imports, and meet with Chinese President Xi Jinping at his Mar-a-Lago estate in Florida to conclude talks. This is a good signal for the stock markets! The broad market index S&P500 today can test the strength level of 2820. This is a bullish signal for USDJPY.
Trading recommendation: Buy 110.70 and take profit 111.21.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
