The price will continue to decline

12.11.2021

The pair continued to decline, but not with such enthusiasm as before. Meanwhile, the development of the third wave in wave [5] of (c) is still assumed. Therefore, the downside potential remains at a very good level. Accordingly, it is recommended to keep the previously opened sell deals open.

It is also worth looking closely at the possibility of making additional sell deals at current market values.

Investment idea: sell 1.1440, stop loss 1.1465, take profit 1.1350.