Русский
The situation with the pair developed precisely as predicted during the past trading day. Encouraged by this, the euro once again escaped the pressure from sellers and confidently updated the previously established high of the current year.
Apparently, this marks the end of the euro’s achievements for the foreseeable future. Going forward, the start of a corrective price decline is expected, which could turn out to be quite strong. By default, the development of a simple zigzag is assumed, and the situation will be adjusted accordingly as it progresses.
Thus, a favorable situation has emerged for entering sell trades.
Investment idea: SELL 1.0910, SL 1.0940, TP 1.0750.
Origin: FreshForex
