The price so far confirms the expectations placed on it, having made a insignificant upward jump. This growth is probably due to the development of a correctional wave (2). Soon, are expected to resume the downward movement during which a zigzag will form.

Meanwhile, there is no need to rush to open sell deals. In this situation, it is recommended to wait for a steady decline to the 1.2190 area.

Investment idea: sell 1.2190, stop loss 1.2220, take profit 1.2050.