The euro is not going to give up just like that. On the last trading day of last week, using the lower formation of the final diagonal triangle as a support, an attempt was made to start growing again.

The price did rise, but it is unlikely that this success will be further developed.

It is expected that the movement will still go down to form a descending impulse structure. This is caused by the completion of a long correction that took the form of a simple zigzag with the final diagonal as wave (c).

The signal for trading actions in this regard will be the breakdown of the marked formation of the final diagonal triangle.

Recommendations: Sell 1.0930, SL 1.0955, TP 1.0700.