The dollar failed to immediately renew the previously set price maximum. This indicates a possible continuation of the development of the correction, which is forming as the fourth wave of the upward impulse. In this case, in the near future we are expecting a slight decline, followed by a sideways price movement.

Of course, it is not worth trading in this situation. The price in a correction can perform any even the most unexpected trick. Consequently, it is worth staying out of the market and watching the development of events from the outside.

Investment idea: flat.