Expectations of a correctional decline in the pair remain

19.10.2021

Sellers are still content only with the fact that they were able to stop the rapid strengthening of the dollar. Although the situation is quite conducive to a good corrective pullback. But something is still missing. Perhaps soon we will see a decline in prices due to the development of wave iv of the upward impulse.

Consequently, sell deals look quite promising. It is recommended to think about opening short positions at current market values.

Investment idea: sell 114.00, stop loss 114.25, take profit 113.00.