The price chooses the ways of further movement

12.10.2021

The pair exceeded its growth plan. But the dollar does not intend to calm down on this, which means that the price will probably continue to grow. But I do not really want to buy at such a “height”. Consequently, it is worth giving the price time to clarify the situation.

Will there be a rollback back to the inside of the channel, or will the price use the broken upper border as support and will continue to grow after pushing off from it? The price should give answers to these questions. In the meantime, it is worth staying out of the market and watching the development of events from the outside.

Investment idea: flat.