For the pair under review, it is probably formation of a correction, which with a high probability will take the form of a zigzag. The development of the second wave of this model is ending now. It means that in the near future we can see a decline, during which the correction will be completed.

It is at the end of the formation of the supposed zigzag that it is worth looking for opportunities to enter buy deals. There is also an opportunity to try to “ride” on the final correctional wave.

To do this, it is necessary to open a sell deal at 104.00, stop loss 104.25, take profit 103.50.