9/19 Analysis of mainstream currency ideas
The Fed's interest rate meeting began, and the price of the currency sprinted slightly from the estimated 25 basis points to the decided 50 basis points to hover around (60500). If the market follows the normal thinking, it will definitely fall
Because the expectation of the Fed's 50 basis point rate cut has risen sharply in a short period of time, from the initial 20% to 64%.
After the announcement of the interest rate cut decision, Powell delivered a hawkish speech. He made it clear that the Fed is not in a hurry to cut interest rates, but based on prudent judgment of the current economic situation.
Affected by Powell's speech, the US dollar exchange rate began to bottom out and rebound after experiencing a low point for more than a month.
The current pressure level of the big cake is around 63,000 above, and pay attention to the changes in this position during the day.
BTC operation suggestion: short around 62500, watch 60000 for defense 63400
ETH can enter and exit at the same time
