22 Februari 2022, USD/JPY
USDJPY trading plan:
Global stocks tumbled while as Europe's eastern flank stood on the brink of war after Russian President Vladimir Putin ordered troops into breakaway regions of eastern Ukraine. The United States and its European allies are poised to announce harsh new sanctions against Russia on Tuesday after President Vladimir Putin formally recognised two breakaway regions in eastern Ukraine, escalating a security crisis on the continent. Geopolitical tensions have a negative impact on stock markets. U.S. benchmark 10-year yields slipped on deteriorating Ukraine crisis and U.S. Federal Reserve rate hike bets. This is a bad signal for the stock market and USDJPY, which has a correlation with the shares.
Investment idea: sell 114.99 and take profit 114.55.