Trading in a narrow price range continues. This time the price hit the upper generatrix of the converging triangle, which is probably wave b. Perhaps during today’s trading session a breakdown and a strong impulsive growth of the pair to the target value in the form of the upper generatrix of the supposed diagonal will occur.

Therefore, the formation of the entire model, which is representing the final diagonal, will be completed.

Investment idea: buy 110.10, stop loss 109.80, take profit 112.00.