There were no significant changes in the pair during the last trading day. The price has frozen, gathering forces for some important breakthrough. Based on the current wave pattern, this breakout is expected to happen in the downward direction.

It is conditioned by the development of wave (iii) of the bearish impulse. The confirming parameters remain the same: it is a breakout and price consolidation below the local minimum at 146.65.

The first target of the movement may be the correction zone in the expected wave b.

Recommendations: Sell 146.65, SL 146.90, TP 143.30.