EURUSD is stuck in a flat

29.11.2021

The euro finally dared to show its horns a bit and rose rapidly by 1.12%. But this movement is still not enough to talk about a reversal with any degree of probability. In other words, we regard it as a correction and look further downward.

Most likely, the quotes will start to steadily move sideways, and then rush into a new downward movement, completing waves [5] of (c) of y.

So, at the moment there are no entry points.

Recommendations – monitoring the situation.