The final outbreak in shopping

01.02.2021

The amplitude of movement for the pair under consideration has become so small that it seems that the price will stop moving at all. But this cannot happen. Such a squeeze portends a strong movement to one of the sides. Perhaps, the exit will be up.

Even the upper generatrix will probably not help sellers. In this case, the movement for buyers will be final, a reversal will occur and we will see the beginning of the formation of a correction.

Investment idea: buy 1.3740, stop loss 1.3720, take profit 1.3900.