The euro has so far failed to cope with the dollar and, at least for a while, take the initiative into its own hands. Growth is again postponed, and sellers, having received a respite, can try to launch an attack and send the price down again, updating the previously set minimum.

But the correction formed at the moment is clearly not enough. The most probable option looks like a continuation of growth, which will lead to a more or less adequate form of correction.

In this regard, the pair’s growth expectations remain.

Recommendations: Buy 1.0500, SL 1.0480, TP 1.0800.