23 December 2020, USD/JPY
USDJPY trading plan:
U.S. President Donald Trump said that he may not sign a COVID-19 bill passed by both the House of Representatives and the Senate on Monday. He called the bill an unsuitable “disgrace,” but stopped short of threatening to veto the legislation. U.S. Congress passed an $892 billion COVID-19 aid package overnight, and vaccine rollouts are gaining momentum. That development has since been clouded by President Donald Trump's threat not to approve the stimulus bill, saying it should be amended to increase the amount in the stimulus checks, though this has had little impact on markets so far. The threat puts the bill becoming law, which requires Trump’s signature, and the timing of Americans receiving stimulus checks, into disarray. President-elect Joe Biden has said his administration will put forward another COVID-19 relief package early next year but warned that the “darkest days in the battle against COVID-19 are ahead of us.”
Investment idea: range 103.10 -103.90.
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