The development of a zigzag correction is coming to the end

19.04.2021

The dollar whose prospects against the main European currencies look very promising, unexpectedly continued to fall in price against the background of the Japanese yen. The price seriously intends to update the current local minimums and reach the previously assumed targets in the region of 108.40-108.50.

In this range, it is worth looking at the further reaction of the price and, if the growth starts, buy. This is due to the completion of the development of the zigzag correction.

Investment idea: buy 108.45, stop loss 108.10, take profit 109.50.