The euro again carried out a successful attack and updated the local minimum, meanwhile, it went beyond the previously assumed diagonal triangle and this option was canceled. Probably, the upward movement is impulsive and is the first impulse wave or wave A of the zigzag. Anyway, the growth is coming to an end, this is indicated by the development of the final diagonal triangle in the fifth wave.

Consequently, the beginning of a good downward movement is expected in the near future.

Investment idea: sell 1.2130, stop loss 1.2160, take profit 1.2020.