FX Today's Trade Strategy 8/12

〇EURUSD Euro Dollar

・Yesterday's Trades

Yesterday, since 1.030 looked like a milestone, I did not enter as it broke below.

It did not drop to 1.0250 and then moved back up, but the chart shape was poor, so I missed it.

・Market Environment and Today’s Strategy

With last night’s move, it looks like a H4-level double top is forming at 1.0350.

Whether this ceiling will be broken is the question.

1.0350 seems likely to be a focal milestone today.

Be mindful of price action at this level.

〇USDJPY Dollar/yen

・Yesterday's Trades

In Tokyo session yesterday, I stayed on the sidelines, and from the evening when a pullback formed, I went short.

This level also had H1 moving average acting as resistance. About +34 pips.

I exited at 132.50, the monthly low, where it found support, but it subsequently dropped further to 132.0.

I could not enter on the rise from 132.0 because I was out.

・Market Environment and Today’s Strategy

As expected yesterday, 132.0 is being strongly watched.

Today’s focus will likely be on the highs and lows of yesterday: 133.30 and 132.0.

For now, I’d like to structure trades based on yesterday’s high-low as a baseline.

However, there are times when the direction is unclear, so I want to avoid forced entries.