15 Abril 2021, USD/JPY
USDJPY trading plan:
The U.S. economic recovery accelerated to a moderate pace from late February to early April as more consumers, buoyed by increased COVID-19 vaccinations and strong fiscal support, opened their wallets to spend more on travel and other goods, the Federal Reserve reported. Fed Chair Jerome Powell said this week that the U.S. economy is at an “inflection point” where growth and hiring could pick up speed over the coming months thanks to increased COVID-19 vaccinations and strong fiscal stimulus. Powell and other Fed officials say the brighter economic forecasts and brief period of higher inflation will not affect monetary policy, and the central bank will keep its support in place until the crisis is over. The U.S. economy is still short 8.4 million jobs from pre-pandemic levels.
Investment idea: range 108.55 -109.45.
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