Meirui: bulls pull up strongly

The dollar remained volatile around 0.98147 against the Swiss franc, and the Federal Reserve Bostick reiterated its support for another 75 basis point interest rate hike. The primary goal is to make interest rates more neutral. With the advance of the interest rate hike process, it is not ruled out that there will be systemic risks in the global financial market. The arrival of the wave of financial asset selling and the further rise of real interest rates in various countries will make the Swiss Franc buy in.

According to the 4-hour chart, the bull power continued to rise, the trend line continued to fluctuate and rise, and the short-term bull pull-up showed signs of continuing to move upward. The MACD index was at a high level and maintained the consolidation and translation, and the RSI index remained in the bull region and remained hovering;

Long short turning point: 0.98054

Pressing position: 0.98420, 0.98711

Support position: 0.97726, 0.97445

Trading strategy: bullish above 0.98054, target 0.98420, 0.98711

Alternative strategy: bearish below 0.98054, target 0.97726, 0.97445