The Fed cut interest rates by 50 basis points, and the exchange rate is also tug-of-war. With the positive impact of the interest rate cut, the current market exchange rate has risen to around 61,500. The layout did not reach the profit target last night, but it also gained a lot to get it in early. I told you a long time ago that the Fed will definitely cut interest rates in September. Is it verified?

From the current trend, at the daily level, the price has three consecutive negative corrections to touch the middle track, and then the bulls have rebounded strongly. The upper space is directly forced to open, and all moving averages have turned upward and spread. The bulls have also increased their volume again, and the overall rhythm is biased towards the bulls again. At the small cycle level, the price has been consolidating back and forth at a high level, and the bears are unable to recover. The bulls have increased their volume again, and the upper space is also gradually opening up. The overall structure in the small cycle is also biased towards the bulls. Needless to say, the short-term level did not give the bears the opportunity to make a correction. In the early trading, we just need to go long.

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