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Iran's nuclear programme

Iran's nuclear programme | 23 February 2022

23 February 2022, USD/JPY

Iran's nuclear programme

USDJPY trading plan:

Talks on restoring a deal to curb Iran's nuclear programme and ease sanctions are near conclusion, and sources close to the negotiations said a prisoner swap between Iran and the United States is expected soon. U.S.-Iranian deal was taking shape in Vienna after months of talks between Tehran and major powers to revive the nuclear deal pact, abandoned in 2018 by then-U.S. President Donald Trump, who also reimposed extensive sanctions on Iran. On Saturday, Iranian Foreign Minister Hossein Amirabdollahian said the Islamic Republic was ready for an immediate prisoner exchange with the United States. This is a negative signal for the oil market and a positive signal for the dollar, since assets have an inverse correlation.

Investment idea: buy 114.89 and take profit 115.39.

David Johnson
Analyst of «FreshForex» company
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