For the pair under consideration, the situation is still developing as expected. The price is probably at the stage of development of a correction. Growth is being observed now, but it is unlikely to result in another update of the current local maximum. Most probably, this is an impulse decline during which we will see a zigzag.

The development of sideways with a subsequent decrease is also possible. Both proposed options indicate that the price will decline soon, so it is worth looking at the possibility of making sell deals at current market prices.

Investment idea: sell 114.00, stop loss 114.20, take profit 113.00.