Corrective decline is expected

17.02.2021

The dollar rate continued to increase confidently and updated the local minimum, canceling the previously suggested option with the formation of a zigzag.

Now, all this movement looks like an initial diagonal triangle. If this suggestion is correct, then in the near future we can expect a decline due to the development of a correctional wave ii or b if it is a zigzag.

Investment idea: sell 105.80, stop loss 106.10, take profit 105.00.