FX Today's Trade Strategy 9/8

〇EURUSD Euro/Dollar

・Yesterday's Trade

Yesterday I entered after a strong rebound from 0.990, breaking above 0.9950.

Held until morning for +41 pips.

・Market Environment and Today's Strategy

Whether the strong rise last night signals a trend reversal is the question.

If it doesn’t pull back, 0.990 could be considered a near-term bottom.

I want to base decisions on the rise during New York hours yesterday.

If there is a pullback around 0.9950 to form a dip, or if it breaks above yesterday’s high around 1.0, I’ll consider going long.

〇USDJPY Dollar/Yen

・Yesterday's Trade

Yesterday I entered after breaking above the previous day's high of 143.0 and confirming it wasn’t a fake-out.

Since it started consolidating around 144.0, I exited for about +80 pips in profit.

I chose to skip the later night rally.

・Market Environment and Today's Strategy

Yesterday, the trend was initially toward a weaker yen, but due to statements suggesting government intervention, it reversed and fell.

This looks like a market with potential trend reversals to watch closely.

Entering at high levels would carry higher risk.

I’d like to enter longs only after a sufficient pullback or after a clear breakthrough of a major resistance level.