For the pair under consideration, a further decline was expected due to the development of correctional wave 2. The target was the 61.8% level of wave 1, but buyers decided not to postpone the matter indefinitely and decided to move to active actions at the 38.2% level.

Therefore, the beginning of the development of wave 3 of the upward impulse was probably laid. Then, in the near future we will see continued growth, which has a very good potential for making a profit.

Investment idea: buy 1.3870, stop loss 1.3840, take profit 1.4000.