The trade war will be over soon | 21 أغسطس 2019
21 أغسطس 2019, USD/JPY
USDJPY trading plan:
Bullish rally in the stock markets will have a positive impact on the value of USDJPY. M. Pompeo commented on the Sino-U.S. trade dispute, saying that he believes the trade war would end by 2020. The United States extend a reprieve that permits China’s Huawei Technologies to buy components from U.S. companies, signaling a slight softening of the trade conflict between the world’s two largest economies. This is a positive signal for the stock markets! Investors are increasing their long positions on corporate shares.
Trading recommendation: Buy 106.37 and take profit 106.90.
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.
