After a good upward movement, the price is trying to consolidate at the achieved levels. The reaction from the dollar in the form of significantly increased pressure is being countered, indicating a strong intention for the price to continue rising, but a sideways movement might form before that.

Overall, the situation remains somewhat unclear. The movement can represent either a regular impulse or an impulse with an extending third wave. In the first case, the growth might be complete, and the price could either reverse and start to decline or simply make a deep retracement. The second scenario suggests further impulsive growth.

In the near future, the situation will likely become more or less clear. For now, it is recommended to stay out of the market and observe the developments from the sidelines.

Recommendations: Flat.