Nothing significantly important or interesting occurred with the trading pair during the last trading day. The Euro is making every effort to hold onto the slipping initiative, preparing the ground for a potential surge. The situation is quite favorable for such a scenario. At the moment, it is assumed that the corrective wave 2, which formed after the initial diagonal triangle, is nearing completion. Accordingly, the next wave is expected to be the third impulsive one, which could extend for quite some time.

For entering buy trades, it is recommended to consider the previously designated level at 1.0535.

Recommendations: Buy at 1.0535, SL at 1.0510, TP at 1.1000.