FX Today's Trade Strategy 10/28
EURUSD Euro/Dollar
・Yesterday's Trade
Yesterday, as per the morning scenario, I confirmed a stall near 1.01 and shorted under 1.005.
Held until night for +65 pips profit.
・Market Environment and Today's Strategy
Yesterday, there was a move to pull back after an up-move.
The up-move trend is continuing.
The current rate around 0.9950 is a pullback candidate.
I want to watch the price action around this area.
USDJPY Dollar/Yen
・Yesterday's Trade
Yesterday, it whipsawed around the 146.0 area.
At such levels, which are watched on higher timeframes, movements can be unpredictable, so no trade.
・Market Environment and Today's Strategy
146.0 is a weekly low and monthly high, a rate where selling and buying are in balance.
I want to stay patient until a clear verdict is reached.
Today, the key level to watch is also 146.0.
However, there is strong daily-MA resistance above, so be cautious.
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