The technical correction in the stock markets | 23 Desember 2019
23 Desember 2019, USD/JPY
USDJPY trading plan:
We are expecting a technical correction in the stock markets which will negatively affect the value of USDJPY. Geopolitical tensions in Hong Kong will have a negative impact on investor sentiment. Hong Kong police arrested an 18-year-old man after he fired a single shot with a pistol at officers late on Friday evening, in an incident police said they suspected was linked to anti-government protests that have convulsed the city. The hundreds of Hong Kong anti-government activists gathered outside a detention center, demanding the release of arrested activists and denouncing a police crackdown on a fund-raising platform supporting protesters in need.
Trading recommendation: Sell 109.45 and take profit 109.25.
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.
