The situation with this currency pair is quite turbulent. The dollar, which seemed to have taken control, suddenly stops pressuring the euro, allowing buyers to slightly improve their position.

This could be due to an unfinished diverging diagonal triangle. The wave 5 of 1 ended much lower than anticipated. The current attempt at a rise is presumably corrective, spurred by the formation of wave 2.

Consequently, we may expect further growth in a zigzag pattern. This scenario presents an opportunity to consider short-term buying trades at current market values.

Recommendation: Buy at 1.0800, SL at 1.0780, TP at 1.0880.