The dollar continues to **, and the non-farm payrolls data has injected a boost into the dollar! Last week's Federal Reserve meeting kept interest rates unchanged, and elaborated that inflation does not reach the 2% target will not cut interest rates, and the market is expected to be extremely low probability of interest rate cuts at the March interest rate meeting, many Wall Street traders have not bet on the Fed to cut interest rates in the first quarter, and Friday's non-farm data is a greater boost to the dollar's confidence, non-farm payrolls data greatly exceeded expectations, adding more than 300,000 jobs, the dollar rose strongly after the release of the data, and rose above the medium-term resistance level, A new definition of the original technical **, so this week, to see the current trend of the US dollar with fundamental support, ** is inevitable, but the strength of this trend must not be ignored, as long as there is no large, rapid fall, the US dollar will basically be the main theme this month.
*Tactics. **Last week's trading range was completely in line with expectations, the high point was at 2065, and the low point of the week was at 2015 again**, but this week's trading range is basically difficult to maintain, ** The short will basically dominate, short first look at the integer mark of 2000, if there is strength here, then**There is also the possibility of being pulled back by the range, if the important threshold of 2000 is broken quickly, and it is powerless**, then**There will be further downside.
GBPUSD Strategy.
Last week, I talked about the trading range of the pound, and also talked about the pound is not strong, and now the pound has broken through the range of 1The lower limit support of 2620 came to 1The point near 2550, since the support is broken, the support will become resistance, forming a new volatility trend, so this week the pound will not be able to return to 1Above 2620, it is to break 125 rhythms, look 124 position, the current weakness of the pound is clearly characteristic.