With further upward movement of the price, certain problems appeared associated with the development of the correction. Generally, there is a feeling that there is a catch in the last sharp growth of the euro, and in the end all this from a good impulse may turn into a correctional structure.

In this case, the considered wave scenario indicates the formation of the third impulse wave. What will happen in the end will become clear in the near future. In this situation it is only worth buying on updating the current maximum.

Investment idea: buy 1.2180, stop loss 1.2150, take profit 1.2250.