The dollar plays with fire

18.05.2021

The growth of the dollar has been paused. Fears that a harmless correction may develop into something more in the future are still justified. The price is slowly sliding down. But this is still not enough to reverse the bullish scenario.

An upward impulse is still expected to develop, in which wave (iii) is forming, which is supposedly preparing for an extension.
It is recommended to buy in this situation at the renewal of the current maximum.

Investment idea: buy 109.80, stop loss 109.50, take profit 111.00.