On March 2, the EUR / USD pair added another 110 basis points and, therefore, continued to build the rising wave 1 as part of a new trend section. The unsuccessful attempt to break through the 127.2% Fibonacci level suggests the readiness of the euro / dollar instrument to build a bearish correctional wave 2.

On February 28, the EUR/USD pair added only 25 basis points, although the trading amplitude during the day was much stronger. Nevertheless, even this movement was enough to confirm the continuation of the upward wave, presumably 1 new upward trend.

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.