As expected, the price did not immediately update the current lows. Instead, a cautious rise began, which is probably corrective in nature. At this point, this correction could be over.

Then, in the near future we might see the resumption of the impulsive decline of the pair. Thus, the development of wave 3 of the descending impulse will continue.

It is recommended to open sell deals in this situation at updating of the current local minimum.

Recommendations: Sell 130.65, SL 130.90, TP 127.00.