There are still no substantial changes in the emerging wave pattern. The price continues to trade near the previously set minimums, threatening to fall even lower. Meanwhile, the probability of the development of a horizontal triangle still remains. A signal for action will be the price passing the level of 1.1850.

Growth in this case will be part of wave d, which has been expected to form for quite a long time.

Investment idea: buy 1.1850, stop loss 1.1820, take profit 1.2150.