The price has not made any decisive moves, remaining at the same levels as before. The exit from this correction could go either way. If there is an upward movement, the correction in wave 2 can be considered a simple zigzag.

If the price decides to decline, the correction may take the form of a double zigzag. The scenario of growth is still being considered as the main scenario. An impulsive rise in wave 3 is expected in the near future. Confirmation of this will be the breakout and consolidation of the local high near which the price is currently trading.

The movement potential is quite interesting, so it is recommended to consider the possibility of entering buy trades.

Recommendations: Buy at 1.0870, SL at 1.0850, TP at 1.0950.