The price faced the choice of the further direction of movement

22.06.2021

The response to the too rapid decline was not long in coming. The euro rate has grown slightly, hovering in front of a choice: to resume further decline by updating the previously set local minimum, or to struggle a little and try to climb higher. Both options have the right to exist, so there is definitely no need to rush to enter trades.

Probably, in the near future the price will decrease slightly, and then the market will decide how to get out of this situation. It is recommended to either close previously opened buy trades, or secure itself fully by moving the protective stop loss as close as possible to the current market value.

Investment idea: flat.