The stringent curbs | 29 Noviembre 2022
29 Noviembre 2022, USD/JPY
USDJPY trading plan:
Rare protests rippling across China over Beijing's zero-COVID-19 policy may have unleashed a fresh wave of political uncertainty, but could also hasten the reopening of the world's number two economy. The protesters made a show of civil disobedience unprecedented since leader Xi Jinping assumed power a decade ago. The hopes that Beijing could ease some of its harsh COVID restrictions had recently lifted markets off their lows in a year that has seen domestic blue chips and the Hong Kong index tumble more than 20% year-to-date.
Investment idea: buy 137.70 and take profit 138.45.
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