FX Today's Trade Strategy 10/10
EURUSD Euro/Dollar
・Friday's Trading
On Friday, I targeted moves after the US jobs data in the evening but couldn't time it, so no trade.
・Market environment and today's strategy
Since the Japanese market is closed today, moves are expected to come from the evening.
The prior week's low around 0.9726 is a key level to watch.
For now, I want to focus on price action at that level.
If it breaks lower, it may target around 0.9650.
USDJPY Dollar/Yen
・Friday's Trading
On Friday, choppy moves from the employment data led to no trade.
It briefly rose above 145.0, but I judged the risk to be high.
・Market environment and today's strategy
The high of last week (Friday) at 145.44 is already being broken above.
From here upward, it looks like a chicken race.
If buying, I would start from a substantial pullback.
For now, I consider waiting for a continuation to the upside.
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