On February 27, the EUR / USD pair immediately added 120 points and continued to push off quotes from the previously reached lows, as well as building a new upward wave, possibly 4 in the downward part of the trend, or 1 in the new upward one.

On February 26, the EUR / USD pair did not gain and did not lose a single basis point, but it has rushed up again today and added about 30 points. Thus, the proposed wave 4 continues its construction with targets located near the 50.0% and 61.8% Fibonacci levels. There are still questions as to whether the instrument is at the stage of building wave 4 or the new upward trend section.

On February 25, the EUR/USD pair gained about 25 basis points and continued to move away from the previously reached lows in the framework of the expected wave 4 or a new upward trend section. At the moment, the correction is 38.2% of the size of wave 3 or C.

On February 24, the EUR/USD pair gained about 35 basis points and continued to move away from the previously reached lows. Thus, the assumed wave 3 or C has completed its construction with a high probability. If this is true, then at least one upward wave will be built now, possibly 4. Or a set of waves as part of a new upward trend. There are no signs of resuming the construction of the descending section yet.

On February 21, the EUR / USD pair gained about 60 basis points and began to move away from earlier lows after an unsuccessful attempt to break through the 127.2% Fibonacci level. So I guess the construction of wave 3 or C is already completed. If this is true, then the increase in quotes of the instrument will continue within the framework of either correctional wave 4 or a new upward set of waves.