After the second bounce from merger STD1 with the level 4/8 (1.1230) price could be fixed below STH4, which changed color. There is every reason to talk about further reducing to the level 3/8 (1.1108). If the price makes a breakdown of the level above, then the level 2/8 (1.0986) will be the goal of the bears. It is also the scenario of price movement in the corridor between the levels of 3/8 and 4/8, but the first is expected to complete testing of 3/8.
Sell – 1.1060; tp – 1.0985; sl – 1.1120.