Development of sideways continues

07.09.2021

There is no essential activity on the pair under consideration. The price remains in the equilibrium zone, moving from one border of the conditional range to another. And until now, there are no prerequisites for the fact that it will go beyond these borders, starting a directed trend movement.

Probably, the sideways trend will continue. Consequently, it is not recommended to consider this pair for active trading. In this situation it is necessary to wait for the beginning of a directional movement during which the price will update any important extremes.

Investment idea: flat.