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The bullish rally in the stock markets

The bullish rally in the stock markets | 26 November 2019

26 November 2019, USD/JPY

The bullish rally in the stock markets

USDJPY trading plan:

We are expecting the continuation of the bullish rally in the stock markets, which will have a positive impact on the value of USDJPY. China’s Ministry of Commerce said top negotiator on trade Liu He talked with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin on Tuesday morning. “Both sides discussed resolving core issues of common concern, reached consensus on how to resolve related problems and agreed to stay in contact over remaining issues for a phase one agreement,” the China’s Ministry of Commerce statement said.

Trading recommendation: Buy 108.85 and take profit 109.35.

TRADE OILS WITHOUT SWAPS!

David Johnson
Analyst of «FreshForex» company
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