Expectations remain the same

28.09.2021

In a situation when the price for the euro/dollar is preparing for growth, we should hardly expect opposite sentiments for the pair under consideration. And the last trading days have developed very similarly for these trading instruments: growth, probably as a lead-in impulse, and a pullback.

An active growth phase is now expected as part of the development of the third impulse wave. And here you can also enter trades either now or at the update of the current local maximum.

Investment idea: buy 1.3680, stop loss 1.3650, take profit 1.4000.