Global euro growth is likely postponed. The current wave structure begins to resemble a large zigzag consisting of diagonal triangles in waves a and c. At the same time, the final part of wave c is not yet complete. In the near future, we may see growth within the channel towards its upper boundary, where the entire pattern is expected to finish forming.

After that, the price is likely to move down, with the decline potentially being quite deep and prolonged. However, this will remain within the framework of a corrective structure of a higher time frame.

Thus, in the short term, it is worth considering buying up to the upper boundary of the channel.

Recommendations: BUY 1.1740, SL 1.1710, TP 1.1800.