Answer: You can say so. I should also add that technical analysis often makes fundamental analysis clearer. Let me give you an example: Over the past 6 months, I have felt that there are many reasons for the Canadian dollar to rise and many reasons for it to fall, and I am not sure which explanation is correct. If someone held a gun to force me to take a stand, I might choose to “fall”. Then the US-Canada trade agreement was announced, and the market broke through upwards. In fact the loonie was already on the rise towards the end of the talks. At this time, I fully understood that the market chose to go up instead of down. Yun Shang Hui Xin
Before the agreement was announced, I felt that the Canadian dollar had reached the top of a mountain, and I didn’t know whether it was going to fall or continue to climb. From a fundamental analysis perspective, the US-Canada trade deal has both positive and negative aspects for the Canadian dollar. From a technical analysis point of view, the Canadian dollar breaks up. That is to say, more people in the market think that the positive is greater than the negative, so they buy Canadian dollars. Yun Shang Hui Xin Limited
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