FX Today's Trading Strategy 11/18
〇EURUSD Euro Dollar
・Yesterday's Trade
Yesterday followed a range within Tuesday's highs and lows.
No setup, so no trade.
・Market Environment and Today's Strategy
The trend remains range-bound around the H4MA at 1.0350.
The sharp upward wave from last week has paused.
The basic strategy is the same as yesterday, considering 1.030 to 1.0450 as the trading range.
Avoid taking positions at mid-range prices.
〇USDJPY Dollar/Yen
・Yesterday's Trade
Yesterday was bought from 139.0, but unable to surpass Tuesday high of 140.50.
No setup, so no trade.
・Market Environment and Today's Strategy
Currently trapped between support at 138.50 and resistance around 140.70.
The upward move appears to be starting, but can it break through the 140.70 resistance?
Today, the 140.70 high from yesterday seems to be a focal point.
I want to pay attention to price action around this level.
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