Non-agricultural data is coming on Friday, and the currency market is changing
My dears, the non-agricultural drama is on stage today, and our strategy is to go long first and short later!
The currency price fell again last night, and this wave of market directly washed out 95% of the long orders, and the market showed a one-sided bearish trend. But the more it is at this time, the more we can't blindly follow the trend, but do the opposite, to catch a big wave of market. Remember the overnight reminder to go long in the 93000 area? The market rebounded perfectly to 94500, and easily gained 1500 points of profit!
Today's non-agricultural data is the key. Judging from the performance after the release of small non-agricultural data and market data in the past, there is often a reverse trend of negative news not falling but rising, and positive news not rising but falling. Therefore, we will continue to go long in the morning today and enter the market based on the specific situation before the data is released. At present, the support level below is 91000, and the resistance level is 95500. You can go long directly in the 92000 area in the morning, and the target is to stop profit and exit near the high point of yesterday's rebound. If the US market data triggers a strong rebound, the price of the currency is expected to rise to 98000, completing the ultimate wash action of this round.
Ethereum also operates synchronously, with a support level of 3150 and a resistance level of 3350. In the morning, it is also mainly long. Everyone remembers to pay close attention to market changes. I wish we can all make profits in this wave of market!
