Decline of the pair is expected

19.03.2021

Buyers decided to touch the resistance level once again and make sure of its existence. After that, the price quietly rolled back, threatening to go to renew the current price minimums. Probably, we will see this in the near future. This will be caused by the development of wave [c] of the zigzag or the third wave of the downward impulse.

Consequently, opening sell deals looks like quite promising solution.

Investment idea: sell 1.3910, stop loss 1.3940, take profit 1.3700.