FX Today's Trading Strategy 9/28

EURUSD Euro/Dollar

・Yesterday's Trade

Yesterday, after rising from around the previous session's low, I shorted when it was confirmed that last week's low of 0.9670 had become a resistance-turned-support level.

Held until night for a profit of about +53 pips.

・Market Environment and Today’s Strategy

Yesterday, we could not breach the previous day's low.

If strong moves appear, I would consider it a sign of a possible trend reversal, but the downward momentum has not yet faded, so I will proceed with caution.

Today, like yesterday, focus on movement around 0.9550.

If it rises, it will depend on price action at the previous week's low (yesterday's high).

USDJPY Dollar/Yen

・Yesterday's Trade

Yesterday there was a brief pullback, but given that 145.0 is nearby, we stayed cautious.

・Market Environment and Today’s Strategy

Yesterday, the previous day's high was temporarily breached, but it did not close above it on the daily chart.

With 145.0 approaching, there wasn’t a strong inclination to buy aggressively.

The daily candle yesterday was a doji, suggesting a possible trend reversal.

Today, if the price tests the upside and stalls, I would consider shorting.