The confident growth of the euro makes its own adjustments to the emerging wave picture. Earlier it was expected that the development of the upward impulse was already completed. But now there is an option with a final diagonal triangle as wave v.

An approximate outline of this pattern is indicated in the above screenshot of the daily chart. Everything will become clearer after a while, when the price approaches its maximum. Meanwhile, there is a good potential for further growth of the pair.

Investment idea: buy 1.2130, stop loss 1.2100, take profit 1.2350.