The dollar starts to give up

12.06.2021

The dollar continues to experience problems, finding no arguments in favor of its superiority. The price, as expected, tried to rise but was immediately rebuffed and now look down confidently. Probably, in the near future we will see an impulsive decline in the pair due to the development of wave C of a large zigzag.

In this case, it is worth trying to enter sell deals at the current market prices.

Investment idea: sell 109.30, stop loss 109.60, take profit 106.50.