The pair is expected to decline again

13.04.2021

The situation continues to emerge as expected. At the moment, allegedly, the second wave of the zigzag is forming, which, by the way, may already be completed. In this case, in the near future we are expected to renew the decline, resulted from the development of the final wave of the same zigzag.

But for a more confident entry into trades, it is recommended to wait until the current local minimum is updated.

Investment idea: sell 109.35, stop loss 109.50, take profit 108.00.