FX Today's Trading Strategy 12/1

EURUSD Euro Dollar

・Yesterday's Trade

Yesterday did not move much until late. No trade.

After the data release, 1.030 acted as support and it rose.

・Market Environment and Today’s Strategy

Yesterday it was supported at 1.030, which was seen as a key level.

It is in a pattern of testing higher levels, and it will be important how it moves around 1.0450.

There is a weekly high around 1.0450, so price action around this area will matter.

However, there is also a scenario waiting for tomorrow's job data.

USDJPY Dollar/Yen

・Yesterday's Trade

Yesterday, perhaps due to the upcoming data release in the evening, there was no clear direction.

It faced resistance at 139.50, but it was late at night, so no trade.

・Market Environment and Today’s Strategy

Yesterday it fell sharply after the data release, but the daily close did not break below 138.0.

How to interpret this will be the key.

The monthly low at 137.50 and the weekly low at 138.0 are in view.

I want to watch how it behaves around these levels.