The situation continues to evolve within the assumed scenario, according to which a downward impulse is being generated. It is possible that the development of wave (ii) has already been completed, and the price is steadily preparing for a strong impulse movement within the formation of wave (iii).

Consequently, it is worth looking closer at the possibility of opening sell deals at current market prices.

Investment idea: sell 110.20, stop loss 110.50, take profit 106.50.