The pair is pulling with the renewal of the downward movement

15.02.2021

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The proposed option with the continuation of the decline has not received confirmation yet. The price froze at the top of the expected corrective bounce as part of the development of wave (ii). Further staying at this point may lead to a sideways trend with the price going up, and then the wave counting will change again.

Until this has happened, we will consider an option with the development of wave (iii). A signal for selling will be the price decline to the 104.80 area.

Investment idea: sell 104.80, stop loss 105.10, take profit 103.80.