Authoritative analysis of AR's market today
In today's currency market, AR's trend has attracted much attention. From 1 hour, 2 hours to 4 hours, the bulls are dominant, showing strong market confidence. It is worth mentioning that there is a possibility of purple signals in the market, which is usually a sign that the market is about to usher in an important turning point.
Focus analysis: The key today is the 4-hour level of the long and short watershed, which is located near 26.908. This position will become the focus of competition between the long and short sides. Once it breaks through or falls below, it may cause violent fluctuations in the market.
Support below: In a market dominated by many parties, we cannot ignore the support level below. In particular, the three positions of 26.670, 26.512 and 26.063 provide solid support for the market. If the price pulls back to these areas, it may trigger an influx of buying, which will push the price up again.
Rebound pressure: Of course, if the market rebounds, we also need to pay attention to the pressure level above. Especially the three positions of 28.221, 28.485 and 28.729, they will become resistance to the market's rise. If the price can successfully break through these positions, the market's upside space will be further opened.
Operational suggestions: For short-term investors, it is recommended to watch the market in real time and pay close attention to the changes in long and short forces. According to the real-time trend of the market, flexibly adjust the trading strategy to obtain the maximum benefit. At the same time, it is also necessary to pay attention to risk control and avoid blindly chasing up or selling down.
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