The price will turn around soon

15.04.2021

Image

The supposed formation of the correction, which is probably taking the form of a zigzag, continues. At the moment, presumably, there is a development of its final wave c. This indicates that the pair’s decline is coming to an end. Local minimums will be updated, but the resumption of the pair’s growth will start immediately.

Therefore, it is recommended to prepare for shopping. The expected zone for this is 108.40-108.50.

Investment idea: buy 108.40, stop loss 108.10, take profit 109.40.