The decline has impulsive nature

30.06.2021

The development of events for the pair under consideration is proceeding within the expected one. The dollar is gradually pushing the rate to minimize with the clear aim of updating it.

Probably, the observed decline has impulsive nature and is due to the development of wave 3, In this case, we can count on a very good downward movement, which is definitely worth taking advantage of.

Investment idea: sell 1.3850, stop loss 1.3870, take profit 1.3450.