FX Today's Trade Strategy 9/21

0 EURUSD Euro/Dollar

・Yesterday's trades

Yesterday I went long after breaking the previous day’s high, but it turned into a fake breakout and I was stopped out. Loss of -10 pips.

After that, since it faced resistance at the previous day’s high, I changed the morning scenario and went short. About +19 pips.

・Market environment and today's strategy

We are in a situation where last Tuesday’s downward wave retracement selling is happening again.

From yesterday’s sell-off, if buying interest remains suppressed, there is a possibility of slipping below 0.9950.

Today, 0.9950 looks like a key level to watch.

If this breaks, it could go down to around 0.990.

0 USDJPY Dollar/Yen

・Yesterday's trades

Yesterday it was bought from 143.0, but subsequent movement was limited and there was no trade.

・Market environment and today's strategy

Continues in a low-volatility market environment.

The situation remains in which opportunities are being waited for.

Since yesterday’s daily candle closed above 143.50, many traders are likely bullish.

However, caution is needed regarding yesterday Wednesday’s retracement selling.