Русский
The situation remains under the control of buyers, but the current wave pattern suggests that the euro’s dominance over the dollar may soon come to an end. It appears that the final wave 5 of the upward impulsive movement is currently unfolding. This wave is expected to complete after one more update of the current high.
Immediately after that, sellers are likely to step in and push the price down, initiating the development of a large corrective structure. Given this, it is advisable to wait for a suitable moment to enter short positions.
Investment idea: SELL 1.1530, SL 1.1560, TP 1.1300.
Origin: FreshForex
