The situation remained unchanged for the pair under consideration. The price continues to trade sideways at the moment, trying to rise and reach the upper limit. It is assumed that the development of the entire long-term upward impulse has already been completed.

Wave [v] of v has taken the form of a final diagonal, and the price is preparing for a good decline. A signal for action will be a breakdown of the indicated support level and trend. Until this happens, it is not recommended to open sell trades.

Investment idea: sell 1.4085, stop loss 1.4110, take profit 1.3835.