19 November 2021, USD/JPY
USDJPY trading plan:
The S&P500 and Nasdaq notched record closing highs. Nvidia's stock jumped and was among the biggest supports for the S&P 500 and Nasdaq after it beat quarterly estimates and forecast strong fourth-quarter revenue. U.S. Treasury Secretary Janet Yellen said a combination of estimates done by the Congressional Budget Office, the Joint Committee on Taxation, and Treasury showed that a $1.75 trillion social and climate spending bill would be "fully paid for." This is a positive signal for the US stock market and USDJPY, as assets are correlated.
Investment idea: Buy 114.19 and take profit 114.97.