After a rather unexpected sharp decline, the dollar began to gradually recover. So far, all this movement is assumed within the development of the plane in which the third wave is formed as an impulse.

In our case, there is not enough one more bearish wave for the impulse to get its final form. Consequently, a decrease is expected in the near future. In this situation, it is recommended to enter into a sell trade after the movement has begun.

Investment idea: sell 109.90, stop loss 110.10, take profit 109.30.