The Japanese yen finally managed to make a good attack, which was crowned with success. This led to a good decline in the value of the dollar and may be the beginning of a deep correction.

Actually, the price has immediately begun to bounce, but the most probably, this is already a correction of a downward wave. In this case, in the near future we will see a good downward movement with the renewal of the current local minimum.

Investment idea: sell 110.10, stop loss 110.30, take profit 108.50.