Release： 06/07/2023 17:25

Update： 06/07/2023 17:25

Series

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

FX Today's Trade Strategy 6/8

Trading of the Previous Day

・USDJPY Dollar-Yen (15-minute chart)

Yesterday I waited for a while, but at the 23:00 data release I confirmed a strong rebound from the previous day’s low of 139.0 and went long.

Exit at the close of the H4 candle. +74 pips

・EURUSD Euro-Dollar (15-minute chart)

Yesterday it rebounded from the previous day’s low of 1.067, but I thought it would still take more time for a larger wave to reverse, so I stayed out of trading.

〇 Market Environment and Today’s Strategy

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