The price is ready for growth

21.04.2021

The pair under consideration is still the only one where everything is more or less taking shape as expected. The dollar not only dipped to the target zone, the borders of which were defined as 108.40-108.50, but dropped even lower.

So far, this indicates that the development of the correction in the form of a zigzag is completed. In this case, in the near future we are expecting a resumption of the dollar’s growth, and already now, at current market prices you can try to buy by setting a protective stop loss below the resulting extreme.

Investment idea: buy 108.30, stop loss 108.00, take profit 109.50.