10 Februari 2021, USD/JPY
USDJPY trading plan:
The U.S. dollar index traded near two-week lows as demand for safer assets ebbed, with investors looking ahead to an expected recovery from the COVID-19 pandemic this year, driven by massive fiscal and monetary stimulus. Traditionally viewed as a safe haven, the dollar has sunk against major peers as optimism over monetary and fiscal support from policymakers, robust corporate earnings and the prospect that COVID-19 vaccines could hasten a return to normality in the United States and elsewhere have bolstered risk sentiment.
Investment idea: Sell 104.70 and take profit 104.30.
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Invest-portfolio is an optimal tool for both beginners and experienced traders due to its high efficiency and low work efforts. This is the fifth portfolio developed by FreshForex specialists. In 2020, we proposed traders four investment portfolios, each of which demonstrated positive results. The total return was 71.5%.
2 steps to get the Invest-portfolio:
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