The pair EUR/USD is still likely to grow. Estimated pivot point is at a level of 1.1026.
Main scenario: long positions will be relevant from corrections above the level of 1.1026 with a target of 1.1413 – 1.1562.
Alternative scenario: Breakout and consolidation below the level of 1.1026 will allow the pair to continue declining to the levels of 1.0950 – 1.0900.
Analysis: Supposedly, the descending correction of senior level in the form of the second wave 2 finished developing on the daily frame in the form of a zigzag with a diagonal triangle located in the wave (С) of…
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