There was no clear directional price movement during the previous trading day. The price faced selling pressure, but buyers managed to absorb it and push the euro slightly higher. It is likely that wave 3 of the initial diagonal triangle continues to develop. In the near term, further price growth is expected.

For this reason, previously opened buy trades should be kept active. It is also worth considering the possibility of opening additional positions in the same direction.

After the local high set by wave 1 is renewed, the next corrective wave may begin. Therefore, if this scenario unfolds, profit on these trades should start being locked in.

Recommendations: BUY 1.1610, SL 1.1590, TP 1.1680.