EUR/USD is correcting, still likely to fall. Estimated pivot point is at a level of 1.1174.
Main scenario: short positions will be relevant from corrections below the level of 1.1174 with a target of 1.1029 – 1.0993.
Alternative scenario: breakout and consolidation above the level of 1.1174 will allow the pair to continue the rise up to the levels of 1.1252 – 1.1337.
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…
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