The price will continue to increase

25.02.2021

There was a sharp decline from local maximum, which obviously had a corrective nature, insofar as everything was immediately bought out. Now we can see how the euro rate is preparing to storm the level, which yesterday turned out to be insurmountable.

Premising how the price approached these values, we can make conclusions that everything will turn out well for buyers, which means that in the near future we will see the the continuation of the growth of pair in an impulse form.
This is due to the formation of wave (iii) of a diagonal triangle.

Investment idea: buy 1.2180, stop loss 1.2150, take profit 1.2350.