The situation remains favorable for buying

21.10.2021

During the entire last trading day, nothing interesting happened for the pair under consideration. The situation developed as expected. The price, having broken through the previously set maximum, tested it from the reverse side, but it has not succeeded in climbing high yet. Probably, we will see the continuation of this movement in the future during today and tomorrow.

Growth presupposes the development of an upward impulse, and therefore, the movement is expected to be long. It is worth entering into buy deals now at market prices.

Investment idea: buy 1.1665, stop loss, 1.1640, take profit 1.1750.