Saved local copy captured 2026-11-01. Data is a snapshot, not a live feed.

Price will probably update the current local minimum

07.10.2021

The euro rate was again under the pressure. But sellers were unable to update the current price minimum. Perhaps this will happen in the course of today. It is assumed that in this way the formation of the correction taking the form of a double zigzag will be completed. To be more precise, the development of wave Y will end, after which impulsive growth is expected.

The potential decline in the pair looks quite interesting to try to participate in it, so it is recommended to look closely at the possibility of entering sell trades at current market prices.

Investment idea: sell 1.1580, stop loss 1.1600, take profit 1.1530.