In the third wave, the chart lengthens

03.07.2021

The dollar continues to grow steadily. The upward impulse is getting ready to lengthen. Now waves (i) and (ii) have already been formed inside wave iii, which means that in the near future we will have the longest and most powerful wave in this impulse, which, by the way, has already begun its development.

Consequently, purchases remain very promising and it is worth considering opening more additional positions.

Investment idea: buy 111.60, stop loss 111.30, take profit 113.00.