The updated version of the development of events for the pair under consideration remains relevant. The price increased slightly, but did not dare to attack the local maximums. Probably, it will no longer be possible to grow, which means that soon we will see a reversal and a decline.

Therefore, presumably, the formation of wave (iv) of the diagonal triangle is nearing completion. A decline is expected within the wave (v) and potentially looks very promising.

Investment idea: sell 110.40, stop loss 110.70, take profit 108.30.