03 April 2019, USD/JPY
USDJPY trading plan:
Investors are ready to buy shares - this is a positive signal for USDJPY, which has a correlation with the shares. Trade negotiations the United States and China can conclude in April with the signing of the agreement. This week, a delegation from China will come to Washington to agree on a future agreement. The news on employment from the Agency ADP can please trader’s positive data. This will have a positive impact on the value of shares in the United States. ISM in its latest industry report showed a high level of employment. This is a good signal for the U.S. economy.
Trading recommendation: Buy 111.30 and take profit 111.80.