Release： 04/02/2023 18:41

Update： 04/02/2023 18:41

Series

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

FX Today's Trade Strategy 4/3

Trading from the Previous Day

・USDJPY Dollar/Yen (15-minute chart)

On Friday, price broke above the key level of 133.0, but considering the strong resistance from the nearby daily moving average, I chose not to trade.

・EURUSD Euro/Dollar (15-minute chart)

On Friday, it formed a double top at the previous day’s high, creating a second peak.

Took a short position as it briefly tested the top.

Near the level around 1.0860, which seemed like a potential pivot, it bounced, so I exited with +20 pips

〇 Market Environment and Today's Strategy

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