FX Today's Trade Strategy 11/29

EURUSD Euro-Dollar

・Yesterday's Trade

Yesterday it seemed like the price would break below 1.0350 to form a ceiling area, but since it looked like it would move to break that ceiling, I entered long against my expectations.

+68 pips

・Market Environment and Today's Strategy

Yesterday it seemed like it would break the ceiling, but the subsequent movement has been a whipsaw.

The 1.0450 resistance appeared strong.

The ceiling at 1.0450 has not yet been broken, and the outcome is undecided.

I will pay attention to future movements.

USDJPY Dollar/Yen

・Yesterday's Trade

Yesterday in the morning it moved to break 139.0, changing the scenario to a short bias.

I expected a fall from an H1-level double top, so I shorted on a break below 139.0.

Since Friday's low was also broken, I held and saw price drop near 137.50 for the exit. +95 pips

・Market Environment and Today's Strategy

Yesterday's decline found support at the two-week low.

Many traders seemed to view this level as a key point.

Also note that the H4 moving average is acting as resistance.

I want to use H4MA as resistance above and consider 137.50 as a key level below.