FX Today's Trade Strategy 10/27

EURUSD Euro-Dollar

・Yesterday's trades

Yesterday, longed when it broke above the previous day's high of 0.9977.

Since it broke above 1.0, I held, and exited after confirming a stall at 1.005. +41 pips

Continuing, after a solid bottom at 1.0, I entered again. +51 pips

・Market environment and today's strategy

As expected yesterday, buying was strong.

The long-term trend reversal is becoming clear.

Basically bullish, but I want to be cautious about movements at resistance.

There is a weekly MA at 1.01, and 1.02 is last month's high.

USDJPY Dollar/Yen

・Yesterday's trades

Yesterday, I shorted when the rising trend line was broken to the downside.

This rate was also at the point where the H1MA pressed down on it. +99 pips

It looked like a bottom would form at 147.0, but since it broke down, I re-entered. +46 pips

・Market environment and today's strategy

Yesterday, selling into rallies continued.

The low of 146.0 from the BOJ intervention seems to be a key level.

Today I want to focus on price action at 146.0.

If this level is breached downward, the yen-strengthening trend will become more evident.