As expected, the price spent the entire last trading day in a narrow price range, forming a corrective structure. The end of all this may be another small bearish wave, after which the euro will renew its growth and we will see the next impulse waves.

For a safer entry into buy trades, it is recommended to wait until the current local maximum is updated. At this moment, the value of this extreme is 1.1926.

Investment idea: buy 1.1930, stop loss 1.1910, take profit 1.2000.