The dollar been under pressure | 27 نوفمبر 2020
27 نوفمبر 2020, USD/JPY
USDJPY trading plan:
The dollar has been under pressure this week, as riskier currencies benefited from increased optimism over a string of COVID-19 vaccines news reports and hopes for a more stable period in U.S. politics. While the greenback will remain under pressure in near term due to prolonged "risk-on" sentiment led by vaccine hopes. The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.1% to 91.87, hovering near a three-month low seen overnight.
Investment idea: Sell 104.10 and take profit 103.65.
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.
