The pair is trading within the weekly control zone 1.0837-1.0819 today. This allows you to consolidate part of the sales, and transfer the remainder to breakeven. To continue the downward movement, it will be necessary to close today's trading below the level of 1.0819. This will allow you to hold some of the sales and look for new entry points in the direction of bearish impulse.
The main activity in the second half of the week may possibly be working in the downward direction. So far, there are no prerequisites for a reversal of the bearish pattern.
An alternative pattern will begin to develop if the closing of today's trading occurs above yesterday's opening. This will allow you to create an "absorption" pattern of the daily level, which will indicate a change in priority.
Daily CZ - daily control zone. The zone formed by important data from the futures market that changes several times a year.
Weekly CZ - weekly control zone. The zone formed by the important marks of the futures market, which change several times a year.
Monthly CZ - monthly control zone. The zone that reflects the average volatility over the past year.
