FX Today's Trade Strategy 9/16

〇EURUSD Euro Dollar

・Yesterday's Trade

There was no large movement yesterday, staying floating above 0.9950.

The timing for a sell-off on the return move on Tuesday came too late at night, so no trade was possible.

・Market Environment and Today's Strategy

The situation is the same as yesterday.

There is a battle between buying from 0.9950 and selling around 1.0.

From the chart pattern, a W top was formed around the high of about 1.00170 yesterday and the day before, suggesting upside movement is heavy.

If there is movement to test the downside today, attention is likely to focus on price action at 0.9950.

〇USDJPY Dollar/ Yen

・Yesterday's Trade

There was no large movement yesterday.

Trading was deferred.

・Market Environment and Today's Strategy

The current rate of 143.50 is the mid point between a dip-buy from 141.50 and a pullback sell from 145.0.

There is ongoing battle between selling and buying.

It also seems that the downside is being supported by the H4 MA, but since the angle of the moving average is shallow, reliability may be limited?

It looks like we need to wait a while until momentum picks up.