Growth expectations in the correction maintain

22.07.2021

The price continues to show extremely low volatility. However, this is a temporary phenomenon. Good directional movement is expected to develop soon. It is assumed that the pair will grow due to the development of wave d of the same converging horizontal triangle.

The potential for movement is very interesting, so it is definitely worth taking part in. But buying at current market prices is not recommended.

Investment idea: buy 1.1800, stop loss 1.1780, take profit 1.2150.