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Trade negotiations the United States and China

Trade negotiations the United States and China | 28 May 2019

28 May 2019, USD/JPY

Trade negotiations the United States and China

USDJPY trading plan:

We are see capital inflows to stock markets. This is a positive signal USDJPY. D. Trump wants to conclude a trade agreement with China. D. Trump plans to win the U.S. presidential election in November 2020. Victory 2020 presidential election is possible only with the conclusion of a trade agreement with China. The trade agreement will allow the U.S. stock market to demonstrate a bullish trend. D. Trump makes cautious statements on trade negotiations between Washington and Beijing. We are expecting a slight increase in the value of USDJPY today.

Trading recommendation: Buy 109.41 and take profit 109.90.

David Johnson
Analyst of «FreshForex» company
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