27 November 2020, USD/JPY
USDJPY trading plan:
The dollar has been under pressure this week, as riskier currencies benefited from increased optimism over a string of COVID-19 vaccines news reports and hopes for a more stable period in U.S. politics. While the greenback will remain under pressure in near term due to prolonged "risk-on" sentiment led by vaccine hopes. The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.1% to 91.87, hovering near a three-month low seen overnight.
Investment idea: Sell 104.10 and take profit 103.65.