FX Today's Trade Strategy 12/19
〇EURUSD Euro-Dollar
・Friday's Trade
Friday showed a day with no clear direction.
There were no entry opportunities.
・Market Environment and Today's Strategy
Last week's weekly chart formed a long upper wick.
1.060 seems to be a level to watch as a milestone.
Today, I want to focus on movements around 1.060.
If it looks like it may stop rising, a short toward 1.050 could be targeted.
If it breaks higher, consider a long while monitoring Friday's rebound.
〇USDJPY Dollar/Yen
・Friday's Trade
Friday moved to create a pullback in Thursday's upside wave.
With the bias being higher, there was no trade.
・Market Environment and Today's Strategy
136.50 is roughly the half-way point of Thursday's upside wave.
I want to watch whether a pullback forms at this level.
If 136.50 holds as support, consider going long.
If it pulls back further, I would target a short toward 135.50.
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