It is time for corrective growth

21.07.2021

The situation for the pair under consideration is developing as expected. The price, having fallen below the support level, was steadily going down. However, it is hardly worth waiting for the same vigorous decline in the future.

Inasmuch as the development of a double zigzag is expected, there will be a halt and correction of the occurred fall soon. Consequently, it is recommended to close previously opened sell deals and you can already buy cautiously.

Investment idea: buy 1.3615, stop loss 1.3595, take profit 1.3700.