The impulsive growth of the pair will continue

04.02.2021

The correction was limited to a short sideways movement. At the first opportunity, the price has highly increased, which points to the confident control over the situation from the buyers. Growth is expected to continue in the near future.

It is noteworthy that in this case, the development of the extension, which is being formed in wave (iii), is probably continue.

Investment idea: buy 105.25, stop loss 105.00, take profit 106.00.