Low activity will probably persist

29.10.2021

Another absolutely unremarkable trading day happened yesterday. The price continued to stand in its place, periodically taking a step in one direction or another, in order to give at least some signs of life.

Consequently, there were also no changes in the expectations of a possible further movement. All the same, the pair is expected to grow in an impulse form. Meanwhile, it is recommended to buy only when the current local maximum is updated. But this, probably, won’t happen today. Therefore, until now, it is recommended to observe the development of events from the outside.

Investment idea: flat.