A new wave

On our chart, we see that the price has resumed the downward movement and at the moment the formation of the third downward wave is in progress. Judging by the downward impulse, we believe that the current level of resistance, to which the price has approached, will be overcome.

The price will go to the marks of 1.3010 and 1.2960. Therefore, we advise you to look for points to enter short positions and establish take-profits at the above levels.