FX Today's Trading Strategy 11/17
〇EURUSD Euro-Dollar
・Yesterday's Trade
Yesterday moved within the range of the previous day’s high and low.
There wasn’t enough movement to trade, so no trades.
・Market Environment and Today's Strategy
H4MA is functioning as support, but Tuesday’s long upper wick is also being considered.
Will there be movement until Tuesday’s high-low break?
Currently, there is no clear direction.
I want to wait patiently until a breakout of a key level.
〇USDJPY Dollar/Yen
・Yesterday's Trade
Yesterday, the H4MA was strongly in focus.
The range between resistance and support was small, and a lack of direction was expected, so no trade.
・Market Environment and Today's Strategy
Similar to EURUSD, there is currently no clear direction.
In such a situation, I want to refrain from taking action.
I would like to wait for either the H4MA or the break of last week’s low of 138.50.
After the breakout, if a setup emerges, I will consider entering.
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