The price, after a significant decline, has reached the 61.8% level of the previously formed upward impulse, after which it started to rise. It is likely that this marks the completion of the correction, which is the second wave in the emerging upward impulse, and the beginning of growth in the third wave.

In this case, the price may rise significantly in the future, surpassing the local high previously formed by wave 1. Moreover, the current wave 3 is in the very early stages of its development, providing an opportunity to enter buy trades with minimal risks relative to the potential profit.

Recommendations: Buy 1.2690, SL 1.2670, TP 1.3000.