The price will continue its impulse growth

26.01.2021

The dollar is trying with all its power to gain momentum to make a long impulse movement. Although all the conditions have been created for this, we still do not see the expected course of events. Something is holding back the price.

Perhaps we will see the development of wave (iii) soon, so it is worth looking closer at the possible opening of another buy deal. This time it is recommended to wait for the update of the current local maximum passing at the value 103.95.

Investment idea: buy 103.95, stop loss 103.50, take profit 105.50.