On January 16, the EUR / USD pair lost about 10 basis points and already began to move away from the highs reached this time. The wave markings have not changed much over the past few days, given the very weak activity of the market.

On January 15, the EUR / USD pair gained about 20 basis points and continued to move away from previously reached lows after an unsuccessful attempt to break through the 50.0% Fibonacci level. At the same time, the alleged wave y still does not seem to be fully equipped. If this is true, then the decrease in quotes will resume with targets located near the 10th figure since I do not see any prerequisites for the resumption of the upward trend section.

On January 14, the EUR / USD pair lost only a few basis points, although it fell significantly below the opening levels during the day. However, the current wave marking remains to be developed as before, the construction of wave y with targets located around the 10th figure is still expected.

On January 13, the EUR / USD pair gained about 15 basis points. However, the current wave marking remains the same, and I expect the instrument to turn down and go down as part of an unfinished downward wave y again.

On January 10, the EUR / USD pair gained about 15 basis points, but this increase did not in any way violate the current wave counting and the construction of the alleged wave y. Thus, I expect the continuation of lowering the quotes within the current bearish wave after a short break.