Happy holidays to everyone🥮🎉🎉
[Mainstream Market Analysis on Tuesday at Noon]
Yesterday morning, a wave of pins successfully pierced the high-priced pie. After one day of release, the currency price is still consolidating at a low level. The daily line also successfully closed negative, and the pattern began to slowly change.
Last night, the room for the currency price to rebound was relatively small. In the early morning, the price was corrected sideways. In the long and short continuation pattern, the correction was the main direction in the early morning. The upper resistance can be seen near 59.
In addition, the market has been weak recently. Although the support below is near 57, it is not necessary to step back. It is not ruled out that the cycle of time and pattern will continue. It will continue to rise in the morning. We can respond flexibly.
Finally, there is no big change in the fundamentals at present. The US economic data last night was mixed, and the geopolitical relations are still tense. Before the Fed announced its interest rate decision, the dollar continued to weaken and fall, while gold was strong, and the big cake was tepid, so don't worry too much. Yesterday's daily line closed negative, so we can follow the trend and look down at night.
Operation suggestions
Short around 59-595
Target 57-56
Defense 605
Break 55
