The price remains trapped in a narrow price range. But in light of the possible weakening of the dollar, it is worth continuing to consider the impulse decline of the pair as the most interesting option for trading.

The development of wave (iii) of 3 is possible in this situation. But it is worth thinking about opening sell deals on the breakdown of the minimums of wave (i) and it is desirable to fix at these price values. A prolonged stay of the price in the sideways direction can be a good fuel for movement, and this is definitely a plus in trading the pair under consideration.

Investment idea: sell 109.10, stop loss 109.30, take profit 107.50.