The pair went into a correction.

The dollar index opened with a gap in the negative zone for the third day in a row and demonstrates a downward movement.

Despite positive assessments by Fed Chairman Jerome Powell, investors decided it was time to move onto risky assets.

After the release of the macroeconomic data in the US, the US dollar fell against a basket of major currencies and the pair showed a large upward candle.

At the moment, we believe that the upward movement will continue to the marks of 1.3250 and 1.3290 after the completion of the current correction, which can lead to the marks of 1.3150 and 1.31.