Expectations of the development of the Zigzag wave C remain

03.06.2021

Cases with the expected zigzag in the pair under consideration are still developing as expected. During the last trading session, the completion of the internal correction happened and now the price is ready to go into the third impulse wave within wave C.

But it is recommended to enter into sell trades only at the renewal of the current minimum passing at the value of 109.30. But even this will not be a guarantee of a good decline, so you should be very careful.

Investment idea: sell 109.30, stop loss 109.50, take profit 106.50.