Pause correction

12.01.2021

The assumption about possible reversal of the price movement is partially received. The euro exchange rate was losing his position the whole past day. This movement is very similar to impulse. In this case, we are probably getting a leading wave. Now it is necessary to wait for the correction to enter into sell trades at more favorable prices.

It is assumed that the level 1.2150 will become unbreakable for buyers, and opportunities for entry can be looked for somewhere here. But you shouldn’t rush. It is recommended to wait for some time and observe the development of events from the side. It’s still dangerous to enter the market here and now.