Buyers seem to have decided not to rush and save their strength for the new trading week. The final day was dedicated to preparing the situation for a possible growth.

It is worth noting that, based on the current situation, price growth is expected, which will likely be corrective in nature. This is due to the fact that the formation of a downward impulse has been completed earlier.

Thus, if the price does rise, it is unlikely to reach previous highs; the most one can expect is a movement up to 61.8% according to the Fibonacci retracement from the recent impulsive decline.

In this case, buy trades can be opened at the current market levels, with a protective stop loss set at the formed minimum.

Recommendations: Buy 1.0940, SL 1.0900, TP 1.1040.