It becomes obvious that sellers cannot keep the dollar rate, which is striving to new highs. In this regard, the next update of the local maximum is expected, but the price will hardly be able to climb high.

The reversal will occur upon reaching the level of 109.70 – 110.00.
Consequently, it is recommended to stay out of the market for now and wait for this breakout to new tops to happen and the upward impulse will be finally formed.

Investment idea: flat.