After the rapid decline to the local minimum, the Euro was steadily recovering and managed to win back more than a half of the fall. However this rebound upwards is still considered as a corrective one within the framework of the double zigzag, or to be more exact, its second part.

To confirm this scenario, it is necessary to start pressuring the buyers, otherwise they might believe in themselves and gradually gain a lot of speed. Probably, the expected decline will start today.

In this regard, it is recommended to try to sell again at the current market values.

Recommendations: Sell 1.0670, SL 1.0695, TP 1.0500.