PREFERRED STRATEGY: FOR USD/JPY: US- China Trade War - Brace for IMPACT
Starting at midnight tonight, the US will tax 818 Chinese products — worth a total of $US34 billion.
- Disgruntled China has vowed to retaliate with the same value; 25% per cent tariffs on US products worth $US34 Billion per year, including soybeans, seafood and crude oil.
Preferred Strategy: for USD/ JPY: Open sell positions at 110.65 with TP at 109.50
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