The euro, after a complex correctional structure, has resumed growth and is now approaching the previously established local high. This time, the attempt is expected to succeed, and we may see a sharp impulsive upward move in price.

This is driven by the development of the third impulse wave in the emerging bullish trend. As a result, a promising setup for long positions is taking shape.

Long positions can already be opened at current market levels with a potential gain of at least 150 points.

Recommendations: BUY 1.1710, SL 1.1685, TP 1.1900.