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The new outbreak of Covid-19

The new outbreak of Covid-19 | 19 Junio 2020

19 Junio 2020, USD/JPY

The new outbreak of Covid-19

USDJPY trading plan:

More than 12 states reported that confirmed cases climbed in the past week at a pace faster than the previous week. The novel COVID-19 caseloads continue to surge across the South and West of the United States. For specifics, Arizona announced 2,519 new cases on Thursday morning, Florida announced 3,207, and California reported 4,084 — all new highs. In China, the new outbreak of Covid-19 in Beijing prompted authorities to raise their official emergency response back to Level II, as they raced to stem what one called an "extremely severe" situation. The adjustment to the Chinese capital’s response level came just 10 days after a downgrade to Level III.

Trading recommendation: range 106.50 -107.30

David Johnson
Analyst of «FreshForex» company
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