The pair EUR/USD is still likely to grow. Estimated pivot point is at a level of 1.0981.
Main scenario: long positions will be relevant from corrections above the level of 1.0981 with a target of 1.1176 – 1.1252.
Alternative scenario: breakout and consolidation below the level of 1.0981 will allow the pair to continue declining to the levels of 1.0880 – 1.0800.
Analysis: Supposedly, a descending correction of senior level in the form of the second wave 2 finished developing on the daily time frame as a zigzag, with wave (С) of 2 formed inside. Supposedly, the third wave 3…
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