FX Today's Trade Strategy 10/20

〇EURUSD Euro Dollar

・Yesterday's Trade

Yesterday, I entered short at the timing when a triple top formed near the previous day's high.

Since we also broke through levels such as last week's highs, I held until the evening. +84 pips

As per the morning scenario, around 0.9850 became a key level.

・Market Environment and Today's Strategy

The current rate of 0.9750 is a level where a pullback buy from the late last week's up-move could come in.

It appears there may be a tug-of-war with the long-term downtrend.

For now, the key level is 0.9757 from the previous day’s low, and I want to watch price action at this rate.

If it rises, around 0.980 could become an area of resistance.

〇USDJPY Dollar/Yen

・Yesterday's Trade

Yesterday, the daily chart channel and the previous day's high were broken to the upside, so I entered long cautiously.

I held until morning for about 29 pips of profit. The lot size was kept small to reduce risk.

・Market Environment and Today's Strategy

0.0 (150.0) is looming up ahead.

I want to monitor what price action occurs at the psychologically significant level of 150.0.