FX Today's Trading Strategy 10/18
EURUSD Euro/Dollar
・Yesterday's trades
Yesterday, the development aimed to test 0.980 as per the morning scenario.
Entry was made because a W bottom formed at 0.9750 in New York time.
Since it broke through the key level of 0.980, I held until morning. Profit of +86 pips.
・Market environment and today's strategy
Yesterday, an upward three-wave move occurred.
0.9850 is expected to act as temporary resistance, but many traders may expect a breakout to the upside.
Today's level is set at 0.9850.
Whether this rate breaks through is the key.
If it dips for a while, I would like to wait for support around 0.980 and go long.
USDJPY Dollar/Yen
・Yesterday's trades
There were no major moves yesterday evening, so no trades.
Late at night, the weekly high of 148.85 was slightly updated.
・Market environment and today's strategy
It has finally reached 149.0.
Will it gradually move toward the psychological level of 150.0?
If it dips and forms a bottom, I would consider a long entry.
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