The beginning of the trading week promises to be very interesting in terms of directional movement. The expected correction as wave ii looks completed and the price is already at local lows gathering strength and preparing to make a step down, which may lead to acceleration and strong downward movement.

This will start the development of the next wave of downward momentum. The price is expected to reach 1.0630 and lower.

Thus, the current situation is very favorable and very promising in terms of making sell deals.

Recommendations: Sell 1.0930, SL 1.0955, TP 1.0630.