The euro still fails to achieve any significant progress. Each attempt to rise faces strong opposition, resulting in a pullback. Currently, this pattern of movement is attributed to the development of an initial diagonal triangle. However, it cannot be ruled out that this might also represent the fourth wave in a downward impulsive movement.

The diagonal triangle scenario remains the more likely option for now, suggesting that after another pullback, a prolonged upward impulsive rally is expected. Opening any trading positions at this point is not recommended, and previously opened buy trades should likely either be closed or moved to break-even.

Recommendations: Flat.