The beginning of the correctional decline

02.04.2021

The Japanese yen did not give an opportunity to update the current maximum for the dollar. Therefore, the upward impulse, probably, has already been completely formed. This means that the beginning of the decline may develop into a good correction in the future.

Sales at current market prices look very interesting, and the potential for movement is good, at least the price will reach the zone of wave iv.

Investment idea: sell 110.45, stop loss 110.65, take profit 108.50.