11 April 2019, USD/JPY
USDJPY trading plan:
Bullish rally on the U.S. stock market will have a positive impact on the value of USDJPY. Investors buy shares after the publication of the FOMC meeting minutes. The minutes Fed saw the U.S. economy weathering a global economic slowdown, and policymakers made clear they saw no recession for the United States in the new few years. The Fed took a sharply less aggressive policy posture at its March policy meeting, signaling it will not hike rates this year amid a slowing economy and announcing a plan to end its balance sheet reduction program by September.
Trading recommendation: Buy 110.75 and take profit 111.25.