Release： 12/20/2022 19:02

Update： 12/20/2022 19:02

Series

We deliver daily day trading strategies for Euro Dollar (EURUSD) and Dollar Yen (USDJPY).

FX Today's Trading Strategy 12/21

〇USDJPY Dollar-Yen Previous Day Trade

Yesterday, as per the morning scenario, I waited for price action at 137.50, but there was a sharp drop on Kuroda’s remarks.

This move was completely unexpected.

After it dropped, I saw an opportunity and went for a short cover (back to the downside).

I expected it to fall to 132.0, so I exited, but it continued to decline. +70 pips

Yesterday, it moved within the previous day’s high and low.

With no clear directional trend, no trading.

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