FX Today's Trade Strategy 8/11
EURUSD Euro Dollar
・Yesterday's Trade
I couldn't ride the initial move from the 21:30 data release yesterday.
Entered after a brief pullback formed. +26 pips
・Market Environment and Today's Strategy
The prolonged consolidation appears to have been resolved by last night's data release.
The next resistance is around 1.040, and I want to stay bullish until then.
If it makes a pullback, I want to actively buy.
Targets for the pullback are around 1.030 or another step down around 1.0250.
USDJPY Dollar/Yen
・Yesterday's Trade
Yesterday, I shorted on the rebound after the data release.
About 68 pips in profit.
・Market Environment and Today's Strategy
There was a return of the long-term trend toward stronger yen.
Whether it can break 132.0 remains to be seen.
Today I will pay attention to price action around 132.0–132.50.
However, since the Tokyo market is closed in the morning, the main movement may be after the evening?
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