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Progress in U.S.-China trade talks

Progress in U.S.-China trade talks | 29 Marzo 2019

29 Marzo 2019, USD/JPY

Progress in U.S.-China trade talks

USDJPY trading plan:

Senior U.S. officials arrived in Beijing on Thursday for a fresh round of trade talks, which will be followed by a round in Washington next week. The optimism over progress in U.S.-China trade talks it has a positive effect on the value of shares in the United States. U.S. officials told that China had made proposals in talks with the United States on a range of issues that go further than it has before, including on forced technology transfer. This is a good signal for the stock market and USD JPY, which has a correlation with the shares.

Trading recommendation: Buy 110.50 and take profit 111.10.

David Johnson
Analyst of «FreshForex» company
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