10 Maret 2020, USD/JPY
USDJPY trading plan:
The Open Market Trading Desk at the Federal Reserve Bank of New York will increase the amount offered in daily overnight repo operations from at least $100 billion to at least $150 billion. In addition, the Desk will increase the amount offered in the two-week term repo operations on Tuesday, March 10, 2020 and Thursday, March 12, 2020 from at least $20 billion to at least $45 billion. This is a good signal for the stock market and USD JPY, which has a correlation with the shares.
Trading recommendation: Buy 104.50 and take profit 105.00.