Correlation between USDJPY and #SP500 | 15 نوفمبر 2019
15 نوفمبر 2019, USD/JPY
USDJPY trading plan:
A bullish rally in the stock markets will have a positive impact on the value of the USDJPY. White House economic adviser Larry Kudlow said on Thursday that Washington was getting close to a trade agreement with China, providing a fillip to investor confidence. China's commerce ministry said that the two countries are holding "in-depth" discussions on a first phase trade agreement, and that cancelling tariffs is an important condition to reaching a deal. We are expecting new records in the U.S. stock market today!
Trading recommendation: Buy 108.45 and take profit 108.97.
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.
