FX Today's Trade Strategy 11/24

EURUSD Euro/Dollar

・Yesterday's Trade

Yesterday, it rebounded at the key level 1.030 that I was watching, but it did not form a W-shaped bottom, so I skipped entering due to the timing.

Thereafter, it rose sharply.

・Market Environment and Today’s Strategy

Yesterday was a continuation of the pullback-buy at the rising wave from two weeks ago.

After forming a pullback at 1.030, it rose significantly.

Current rate 1.040 is just short of last week's high of 1.0450.

Today I want to focus on price action around this area.

USDJPY Dollar/Yen

・Yesterday's Trade

Yesterday, I shorted when it broke below the previous week's high of 140.80, which I was watching.

Exited at the close of the H4 candle. +83 pips

・Market Environment and Today’s Strategy

The level likely to draw attention next is 139.0.

How far will the pullback from two weeks ago fall?

I want to watch the movement around yesterday's low near 139.17.

If it stops falling, consider going long up to the retracement level; if it breaks lower, consider shorting.