The current situation forces to consider other possible variants of developments. Thus, the last downward movement, very similar to the impulse, seems to be directed to lengthening.

Then, if wave iii, within the framework of this model, is considered completed, then for a complete set, it is necessary to develop another downward movement. On this impulse, and the entire correction, taking the form of a plane, will have everything to be considered complete, and the euro has every right to try to start growing.

In this regard, it is recommended to wait for the completion of the price decline within the formation of the correction and look for opportunities to make buy trades when the appropriate signals appear.

Recommendations: flat.