FX Today's Trade Strategy 11/3

〇EURUSD Euro/US Dollar

・Yesterday's Trade

Yesterday's movement was as expected: complex.

There were no trades due to a late-night data release.

・Market Environment and Today’s Strategy

There was a long upper wick after the late-night FOMC rate decision.

The current rate is near 0.98, a weekly low.

What to watch today is last week's low and yesterday's low around 0.98.

I want to focus on price action at this level.

If it breaks down, it may drop to 0.9750.

〇USDJPY Dollar/Yen

・Yesterday's Trade

Yesterday there was selling in the morning, but it rose to 148.0 after the data release.

There was potential for big movement overnight, so there were no trades yesterday.

・Market Environment and Today’s Strategy

The pattern shows a prominent lower wick.

On the upside, around 148.0 to 148.50; on the downside, around yesterday's low near 145.50 are being watched.

On the H4 timeframe, there is a triangle consolidation with a lower high and higher low.

Be aware that volatility is gradually decreasing.

I want to focus on price movement at key levels.