A new trading week – new hopes. This is true, first of all, for the euro, whose rate against the dollar is growing and, presumably, doing so within the framework of the impulse formation.

At the same time, the impulse itself is working on the corrective wave iv, which, by the way, has not yet received the final form, which indicates its continuation. And it is seen in the decline, which will lead to the appearance of a well identified zigzag, after which there will be a good opportunity for growth in wave v of iii.

In this situation, it makes sense to try to “ride” the expected downward wave by opening sell trades at current market values and setting a protective stop loss order at the maximum of wave iii.

Recommendations: Sell 1.0940, SL 1.0965, TP 1.0850.