FX Today's Trading Strategy 9/29

〇EURUSD Euro/Dollar

・Yesterday's Trade

Yesterday I went long after confirming a reversal at the watched rate of 0.9550.

I held until the morning as the previous week's low was also broken. +105 pips

・Market Environment and Today's Strategy

There was strong movement during the New York session yesterday.

Even on the daily chart, a large bullish candle is visible.

Since it has broken above a major resistance level, I want to approach with a dip-buying strategy.

As for the target for the dip, I am assuming around 0.970 to 0.9650.

〇USDJPY Dollar/Yen

・Yesterday's Trade

Yesterday, since I could confirm stalled upside during Tokyo hours, I went short.

It took some time to start dropping, but I held until the morning and earned +47 pips.

・Market Environment and Today's Strategy

As expected, it is now selling around 145.0.

It currently seems to be forming a very large top.

It looks like forming the top of a prolonged uptrend will take some time.

I want to keep a short strategy targeting a move after testing higher prices.

If it stalls around 144.50, I would see it as a setup opportunity.