05 Tháng Chín 2019, USD/JPY
USDJPY trading plan:
China confirmed that it will resume trade talks with the U.S. in October. Officials from Beijing and Washington held a phone call earlier and agreed to resume trade talks in early October. Trade teams from the two countries will hold talks in mid-September before the high-level talks next month, the ministry said. Both sides agreed to take actions to create favorable conditions, it said. This is a positive signal for the stock markets and the currency pair USDJPY. The resolution of the political crisis in Hong Kong will provide additional support to the stock markets. Hong Kong’s leader Carrie Lam said the government is fully withdrawing an extradition bill that sparked historic unrest in the city.
Trading recommendation: Buy 106.35 and take profit 106.60.
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