For the pair under consideration, so far, the situation confirms the previously proposed wave scenario. The decline has stopped and the price will probably go into a correction. Further, the resumption of the downward movement is expected due to the formation of wave 3 of the downward impulse.

Meanwhile, it is recommended to open sell deals at the update of the current local minimum.

Investment idea: sell 109.00, stop loss 109.30, take profit 107.50.