The euro made another breakthrough, managing to renew the local maximum once again. However, there was no strength to reach the minimum target zone located at 1.1000. To this activity, the dollar reacted quite quickly. In the end, at the moment we are observing a pullback movement.

Probably, the corrective wave [4] is being formed in this way. Then we should hardly expect any directional movements in the near future. The price may start to settle in a certain price range.

In this regard, it is recommended to close previously opened trades.

Recommendations: flat.