The bullish rally in the stock markets | 19 سبتمبر 2019

19 سبتمبر 2019, USD/JPY

The bullish rally in the stock markets

USDJPY trading plan:

We are expecting the continuation of the bullish rally in the stock markets, which will have a positive impact on the value of the currency pair USDJPY. U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks today. The talks to be held for the first time in nearly two months as the world's two largest economies try to bridge deep policy differences and find a way out of a bitter and protracted trade war. Trade talks could lead to an interim deal between Washington and Beijing. This is a positive signal for the stock markets!

Trading recommendation: Buy 108.14 and take profit 108.45.

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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.
David Johnson
Analyst of «FreshForex» company
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