The price will probably continue to decline

06.11.2021

During the last trading session the price almost fully met expectations. The dollar really began to decline from the upper border of the sideways trend within which the price has been trading for several days. But this is still not enough. To complete the development of the expected correctional wave iv, the pair must further decline and go beyond this range.

Perhaps we will see this soon, so the pair is expected to continue to decline in the near future.

Investment idea: sell 113.60, stop loss 113.80, take profit 112.50.