Trade negotiations the United States and China | 28 May 2019
28 May 2019, USD/JPY
USDJPY trading plan:
We are see capital inflows to stock markets. This is a positive signal USDJPY. D. Trump wants to conclude a trade agreement with China. D. Trump plans to win the U.S. presidential election in November 2020. Victory 2020 presidential election is possible only with the conclusion of a trade agreement with China. The trade agreement will allow the U.S. stock market to demonstrate a bullish trend. D. Trump makes cautious statements on trade negotiations between Washington and Beijing. We are expecting a slight increase in the value of USDJPY today.
Trading recommendation: Buy 109.41 and take profit 109.90.
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.
