Signal to decrease has been received

19.04.2021

The price decided to start falling by forming a double top. At least such a picture has been drawn at the moment and the pair is really going down. The weakening of the euro was expected on Friday, but the market, probably, had its own plans. In the end, everything turned out to be even more interesting.

The formed impulse indicates the development of at least a correction and the potential for movement looks like about 90 points to the 1.1850 area.

Investment idea: sell 1.1940, stop loss 1.1970, take profit 1.1850.