At the moment, the situation for the pair under consideration fully lives up to the expectations. During the final trading session of last week, there was a confirmation of the seriousness of buyers’ intentions to make a rapid rebound.

The price has not grown yet to the maximum set by the assumed wave (i), and therefore, there is a good opportunity to enter with a pretty good prices. Wave (iii) is expected to develop in the future. It means that dollar has good prospects in the mid-term.

Investment idea: buy 103.80, stop loss 103.45, take profit 105.00.