03 июля 2020, USD/JPY
USDJPY trading plan:
The bullish rally on the U.S. stock market will have a positive impact on the value of USDJPY. The U.S. labor market extended its recovery from April’s collapse in June, creating over 1.5 million more jobs. "Today's data prove that our economy is roaring back," President Donald Trump told a news conference. There are more than 17 vaccine candidates being tested on humans in a frantic global race to end a pandemic that has infected 11 million people and killed more than half a million. Drugmakers have released early stage human trial data for five vaccine candidates so far. This is a positive signal for the stock market!
Trading recommendation: Buy 107.43 and take profit 107.69.
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