Impulse decline of the pair is expected

16.03.2021

Nothing interesting happened in the trading pair under consideration during the last trading session. Meanwhile, expectations of a further decline remain. This is due to the development of wave [c], which, based on the proposed wave scenario, assumes the adoption of an impulse form.

During the next trading hours, the price will probably activate and a directional impulse price movement will begin.

Investment idea: sell 1.3860, stop loss 1.3890, take profit 1.3750.