Biden said that he would double vaccination rollout | 26 March 2021

26 March 2021, USD/JPY

Biden said that he would double vaccination rollout

USDJPY trading plan:

U.S. weekly jobless claims fell to a one-year low of 684,000, down from the 781,000 claims filed during the previous week and the 730,000 claims in forecasts prepared by Investing.com. Further data, including personal spending in February, is due later in the day. In his first formal news conference, U.S. President Joe Biden said that he would double his administration's vaccination rollout plan after reaching the previous goal of 100 million shots 42 days ahead of schedule. This is a good signal for the stock market and USDJPY, which has a correlation with the shares.

Investment idea: buy 109.15 and take profit 109.59.

David Johnson
Analyst of «FreshForex» company
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