During the last trading day the price failed to move higher. There is an accumulation of forces for a decisive action, which will lead to a good directional movement. Based on the current situation, there is some obstacle at the top, but the price is persistently pushing up to it, the breakdown will be directed to further upward movement.

Thus, wave 3 of [v] will continue to form, which will end with the update of the current local maximum. Then there will be a pullback, which will be replaced by another wave of directed upward movement.

So it is assumed that the development of the upward impulse, which began in October last year, will be completed.

Recommendations: Buy 1.2685, SL 1.2645, TP 1.3000.