FX Today's Trade Strategy 9/6

0 EURUSD Euro/Dollar

・Yesterday's Trade

The US market was closed yesterday, so there was no movement and no trades.

・Market Environment and Today’s Strategy

Support around 0.990 is strong and appears to be rebounding.

The question is how far the buying pressure from this level will continue.

If a short-term upside move of around M15 can be confirmed, I would like to buy, but I want to stay cautious about the return sell-off from last Friday's bearish candle.

Will the supply/demand battle be around 0.9950?

0 USDJPY Dollar/Yen

・Yesterday's Trade

Like EURUSD, there was no movement and no clear direction yesterday, so trades were avoided.

・Market Environment and Today’s Strategy

We are in a situation where we need to determine whether a top will form at last week’s high of 140.80 or if we will aim higher.

Since it has been rising along the H4 moving average, the momentum should continue at least until this MA is breached.

H4 MA or around 140.0 seems likely to become the turning point for buys and sells.

I want to approach trades with the top at last week’s high and the bottom around 140.0 as reference points.