EURUSD: BUY 1.1330, SL 1.1300, TP 1.1520 | 16 April 2025

The beginning of the trading week turned out to be relatively calm. Neither side rushed to escalate the situation, which led to the development of a corrective structure that is expected to break upwards. This is due to the formation of the final wave 5 of the upward impulse movement. While yesterday the potential for the expected growth seemed minor, the situation has now changed. This potential impulsive surge is definitely worth considering for active trading. However, it is not advisable to hold positions for too long, as a reversal and the start of a potentially deep and prolonged corrective decline is expected after the current local high is updated. Investment idea: BUY 1.1330, SL 1.1300, TP 1.1520