The final trading day of the previous week turned out to be rather interesting. The market did not just wait for the end of trades, remaining within the limits of previously “fixed” price levels, but made the confident directed movement. As it was supposed, the price moved downward, confirming the earlier proposed updated scenario.

Probably, the downward impulse, which is a part of a large correctional structure, is developing at the moment. This suggests that the euro will update the current local minimum and then rebound, approximately as schematically shown in the above screenshot.

Thus, previously opened sell deals can still be kept in the work, having moved the protective stop as close as possible to the current market value.

Do not open any new positions yet.

Recommendations: flat.