Negative dynamics on Asian stock markets | 13 November 2019

13 November 2019, USD/JPY

Negative dynamics on Asian stock markets

USDJPY trading plan:

Negative dynamics on Asian stock markets contributes to the decline of the currency pair USDJPY. Hong Kong’s Hang Seng Index lost 2.1% as the city embraces for more clashes. Anti-government protesters again attempted to paralyze parts of city for a third day, with transport, schools and many businesses closing after violence escalated across the city. Protesters and police battled through the night at university campuses and other locations only hours after a senior police officer said the Chinese-ruled city had been pushed to the "brink of a total breakdown".

Trading recommendation: Sell 109.15 and take profit 108.90.

TRADE OILS WITHOUT SWAPS!

David Johnson
Analyst of «FreshForex» company
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