$SAGA SAGA Today's Market Analysis
The half-hour and one-hour levels are clearly bullish, but the bearish forces dominate on the 4-hour chart. The current price has reached an important price node.
Focus on monitoring the long-short turning point of the 4-hour chart, which is about 1.3289. If this price is firmly supported, it is expected that the 4-hour market will start to rebound, with the initial target pointing to around 1.3692, 1.3985 and 1.4373.
On the contrary, if the long-short line is lost, the support levels below are 1.2335, 1.2186 and 1.1873 respectively. When the callback does not effectively break through any of the above supports, you can consider light positions in the spot market.
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