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Work in the downward direction is still a priority, since the pair could not gain a foothold above the WCZ 1/2 0.6916-0.6910. This makes it possible to keep a short position open after the test of the specified zone. The first target of the fall is WCZ 1/2 0.6942-0.6836. Upon its achievement, a partial consolidation of the sale will be required, and the remaining part can be transferred to breakeven in case the fall continues.
The downward movement is still a medium-term impulse, therefore, the goals for the fall should be considered for one to two weeks. An important support zone will be the monthly control zone of January located below the level of 0.6819.
It's better not to consider options with buying a tool, as they will not be profitable from current levels. In the event of updating the January low and consolidating below it, the next fall target will be the December extremum formed at the level of 0.6800.
Daily CZ - daily control zone. The area formed by important data from the futures market, which changes several times a year.
Weekly CZ - weekly control zone. The zone formed by important marks of the futures market, which changes several times a year.
Monthly CZ - monthly control zone. The zone, which is a reflection of the average volatility over the past year.
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