Rise in the fifth wave of impulse is expected

05.10.2021

Until now, no important changes have taken place in the pair under consideration. For this reason, expectations remain the same.
It is worth recalling that, at this moment, there is a development of the fourth correctional wave of the upward impulse, which is being formed as a wave C of 5.

In the near future, growth is expected to resume in the fifth and final wave. The purpose of this movement is the upper border of the channel, within which the price has been located since mid-March of the current year.

Investment idea: buy 111.10, stop loss 110.90, take profit 112.00.