After a crushing attack from the sellers, the euro continued to decline. So far, such a scenario fits into the scenario with the possible development of a diagonal triangle in which wave iv is formed, which is a double zigzag.

The critical level is very close by, the breakdown of which will cancel this wave scenario. In order for this not to happen, the euro needs to wake up and actively join the fight. Otherwise, everything threatens to turn into a prolonged downward movement.

In this situation, it is still not recommended to take any active trading actions. Some time will be needed to clarify the situation and the emergence of possible entry points for certain trading positions.

Recommendations: flat.