As expected, the euro made another attempt to improve its position, and it was successful. The price rose while remaining within the framework of the предполагаемой forming correction. It is likely that this marked the completion of wave b formation in the zigzag.
If this is indeed the case, we can expect the start of a decline in the near future, which will form the final third wave in the предполагаемой zigzag.
Thus, there is a fairly good opportunity to enter sell trades at current market levels by placing a protective stop-loss order at the local high.
Investment idea: SELL 1.1710, SL 1.1740, TP 1.1400.
Origin: FreshForex
