The growth of the pair may be paused

26.03.2021

The dollar rose as expected, having managed to reach the current price maximum. Here buyers may experience some difficulties and the price will hardly be able to renew the maximums of the current year from the first time. Consequently, previously opened buy trades should either be moved to breakeven or closed.

Selling is also dangerous, the price can trade a little sideways and make a sharp impulse jump. Accordingly, it is recommended to stay out of the market and observe the development of events from the outside.

Investment idea: flat.