The bullish rally in the U.S. stock market | 20 Desember 2019
20 Desember 2019, USD/JPY
USDJPY trading plan:
The bullish rally in the U.S. stock market will have a positive impact on the value of USDJPY. The Dow Jones Industrial Average added 0.49% to hit a new all time high, while the S&P 500 index gained 0.45%, and the NASDAQ Composite index climbed 0.67%. The CBOE Volatility Index, which measures the implied volatility of S&P 500 options, was down 0.64% to 12.50. Beijing and Washington prepare to resolve a long-running trade war. This is a positive signal for the stock market!
Trading recommendation: Buy 109.30 and take profit 109.74.
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.
