8.28 market analysis
Judging from the current market situation, the daily line retraced with the Dayin K line and fell below the middle track in one fell swoop. The overall market is too inclined to bearish callback trends. The main reason for this situation is to pave the way for the subsequent interest rate cut in September. After the market touched around 58,000, it rebounded to 59,300. Although there was a rebound, it was obviously not strong enough. The market has dropped several times during the day to test the bottom space. Under such a structure, it seems inappropriate to choose to go long.
Combined with the current hourly line, after the currency price fell below the lower track, the K-line operating range came below the lower track. Judging from the retracement pattern on the market, the situation is not too good for the bulls. However, there will still be a slight stretch when the market corrects. Therefore, in the morning operation, it is recommended to continue to follow the trend and rebound to catch up.
Operation suggestions:
The pie can be shorted in the 59800-59400 range, with the target looking below 58000.
Auntie can go short in the 2470-2500 range, with a target around 2380.
Last night, 61584/2582 entered the market, continue to hold, and look below 57500/2400
