After finally surpassing the resistance level, the price is beginning to consolidate at new levels. This may take some time, so expecting directional movement in the near term might not be advisable.
However, overall, the situation remains favorable for entering buy positions on pullbacks. This is because the development of wave 5 of v is clearly not yet complete. It appears too short for the considerable resources expended to overcome the specified level.
Therefore, in the current situation, it’s recommended to consider only buy positions.
Investment Idea: Buy at 153.30, with a stop loss at 153.10, and a take profit target at 155.00.
Origin: FreshForex
