The pair EUR/USD remains likely to grow. Estimated pivot point is at a level of 1.1102.
Main scenario: long positions should be considered from corrections above the level of 1.1102 with a target of 1.1252 – 1.1337.
Alternative scenario: breakout and consolidation below the level of 1.1102 will allow the pair to continue declining to the levels of 1.0983 – 1.0880.
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 is…
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