The price made another downward attempt, but again failed to overcome the local minimum, which became a support level. The downward movement turned out to be very similar to an impulse. It is possible that this wave plays the role of the v wave in the descending impulse.

In this case, the initial growth, followed by a pullback, may be the beginning of an upward impulse within a bullish corrective structure. In this case, we are expected to grow in the near future, which means that there is a good prospect for making buy trades.

Positions can be opened at the current market values, setting a protective stop loss at the previously formed minimum, designated as wave v of i.

Recommendations: Buy 1.0845, SL 1.0810, TP 1.0930.