The price stays sideways

27.08.2021

The last day again did not bring any activity. The price continued to wander in a narrow range. It is hardly worth waiting for the development of interesting events during today’s trading session. The pair will probably remain passive. Accordingly, you should not try to trade the pair under consideration.

We have no choice but to be patient and wait for a good directional movement to follow and enter trades on a pullback. For now, it is assumed that we will face a decline in impulse form.

Investment idea: flat.