The local high did have an impact on the price. The Euro started to decline as expected. However, the target has still not been reached and there is still room for the price to move. This is due to the formation of wave ii. The completion of this wave is expected just below the previously established local minimum.

In this regard, it is advisable to hold previously opened sell positions. It also makes sense to open new trades, but it should be taken into account that there is not much movement reserve left.

Recommendations: Sell 1.0790, SL 1.0810, TP 1.0700.