The expected continuation of growth did not follow. The Euro needed a pause, and during this time, the dollar attempted to shift the situation in its favor. A minor retracement occurred. Most likely, this decline is corrective in nature. If so, the price is expected to start rising again soon. This movement will complete the development of wave 3 of the forming upward impulse.

If this is indeed the case, it would be prudent to consider the possibility of entering buy trades above the level of 1.0875. Until this mark is reached, no trading actions are recommended, as the correction may extend indefinitely.

Recommendations: Buy 1.0875, SL 1.0850, TP 1.1000.