FX Today's Trade Strategy 11/2
〇EURUSD Euro-Dollar
・Yesterday's trades
Yesterday, as per the morning scenario, the previous day's low of 0.9873 acted as a strong support and it rose.
After breaking the H1MA and the retracement failing, went long. +18 pips
・Market environment and today's strategy
Yesterday, the uptrend did not continue, and it was sold during the NY session.
The current rate around 0.9850 is a candidate for a pullback.
Today, I want to focus on whether it can hold at 0.9850.
If supported, I may consider long, but the H4MA that formed yesterday's high (rebound) is above and could act as resistance.
Today's difficulty may be higher?
〇USDJPY Dollar/Yen
・Yesterday's trades
Yesterday, the move went as targeted.
I shorted when the price formed a ceiling near the previous day’s high of around 148.8 and began to fall. +105 pips
・Market environment and today's strategy
It fell to around 147.0 but then rebounded sharply.
The buying force also seems strong.
Today, I’d like to consider a range around 147.0–148.8.
Avoid entering in the middle of the range.
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