The pair is expected to continue to decline as part of the emerging correction

09.11.2021

After some thought, the price decided to try its luck and moved down. Probably, in this case, the development of a downward impulse began, which is part of an emerging correction that takes the form of a zigzag.

In this case, the pair is expected to continue to decline in the near future within the specified wave pattern.

Investment idea: sell 113.10, stop loss 113.30, take profit 112.20.