FX Today's Trading Strategy 12/20
〇EURUSD Euro/Dollar
・Yesterday's Trade
Yesterday I thought it would fall from 1.060, but it initially showed a move to test the upside.
It is moving within yesterday's high and low.
No setup, no trade.
・Market Environment and Today's Strategy
Currently, the H4-level trend line seems to be supporting from below.
As long as this line is not broken, it seems unlikely to decline.
However, the chart shape also looks stacked for upside movement.
Today I want to watch whether it breaks yesterday's low of 1.057.
If this line breaks, there may be a short opportunity down to 1.050.
〇USDJPY Dollar/Yen
・Yesterday's Trade
Yesterday it moved lower to 136.0, a step down from the expected 136.50, forming a pullback.
Longed when it reclaimed the previous day's low. +60 pips
・Market Environment and Today's Strategy
An upward wave has started from 136.0.
I want to see if this rise can surpass the 137.50 level.
The next major resistance is at 137.50, where the previous month’s low and the daily moving average lie.
If broken, a strong upside move could be anticipated.
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