The situation on the pair in question in the short term looks similar to what we are currently observing on EUR/USD. Now the correction is expected to develop in the form of a zigzag, and after a small growth, the price is likely to fall as well. And then there are differences.

The euro is expected to decline, while here – growth. This is due to the formation of the final wave of [y] of [x] in a complex correctional structure. To make trading decisions, it is necessary to wait for the formation of a clear situation with clear levels for making deals. Until this is not the case, it is recommended to remain outside observers.

Recommendations: flat.