The price is preparing for a further decline

09.03.2021

For the pair under consideration everything goes to the fact that with a high probability we will see another downward impulse wave. Now a correction is being formed in a narrow price range.

Exit from it may be a little delayed, so there is no need to rush to open sell deals yet.
In this situation, it is recommended to wait for the start of the resumption of the decline and only then start to act.

Investment idea: sell 1.3770, stop loss 1.3800, take profit 1.3650.