Release： 08/14/2022 20:08

Update： 08/14/2022 20:08

Series

We deliver daily day trading strategies for Euro Dollar (EURUSD) and Dollar Yen (USDJPY).

FX Today's Trading Strategy 8/15

〇EURUSD Euro/Dollar

・Market environment and today's strategy

Last week, a W top formed on the H4 level.

It suggests that selling from 1.0350 is strong.

Today, if it appears to stall toward around 1.0250 or 1.020, we may look to buy.

Also, if it rises to the weekly high of 1.0350 and stalls, we may consider a contrarian short.

・Market environment and today’s strategy

H4 MA appears to be acting as resistance.

Also, pay attention to the presence of buying pressure from around 132.50.

Entries depend on the resistance of the H4 MA and the results of buying from 132.50.

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