The situation continues to develop according to the previously considered plan. The euro remains under pressure and is declining. At times, the price accelerates too aggressively, as if attempting to form the missing waves in a single moment. However, the market dislikes such haste, and the rate is pulled back to cover the same path again, but at a more measured pace.

The observed decline is still viewed as an impulse in which wave iii is developing. If this is indeed the case, previously opened sell positions should be held active. Additionally, upon updating the low set by wave i, new short positions can be attempted in the same direction.

Recommendations: SELL 1.1565, SL 1.1585, TP 1.1480.