There have been no significant changes in the pair during the past trading day. The dollar is attempting to hold onto current levels, but its strength is diminishing. It cannot be ruled out that after a small pause, the price will continue to rise, but overall, the initiative is on the sellers’ side, and the current rebound is currently viewed as a correction.

During today’s trading day, a downward movement may resume, aimed at forming the third wave of the emerging downward impulse on the lower time frame.

One should be prepared for this. Opening sell trades is recommended below the 154.70 level.

Recommendations: Sell at 154.70, SL 155.00, TP 140.00.