As anticipated, the price is entering a corrective phase. An unsuccessful attempt to rise has been replaced by pressure from the Japanese yen, and now we are observing a downward price movement.

However, it is unlikely that we should expect a continued decline that would update the low established by the presumed wave 5. After a slight decrease, the price is expected to start rising again. But this growth will not lead to any impressive results, as the entire movement is driven by the development of the current corrective phase. Therefore, if trading in this situation, it is advisable to lock in any profit at the earliest opportunity.

Currently, there is a good opportunity to enter buy trades, and it is recommended to take advantage of it.

Recommendations: Buy at 145.30, SL 145.00, TP 147.80.