EURUSD: BUY 1.1340, SL 1.1310, TP 1.1570 | 30 May 2025

Buyers have not yet managed to correct the situation caused by the recent decline, which is being considered as a corrective wave within a potential leading diagonal. If this continues, the diagonal triangle could turn out to be an ending diagonal and form wave C of a zigzag. This scenario should be kept in mind, though it remains an alternative for now. The main scenario still favors a bullish outcome. However, to avoid getting caught in a possible downward move, it is recommended to open buy positions only after a breakout above the local high at 1.1340. A breakout at this level increases the probability of a further upward impulsive move. Investment idea: BUY 1.1340, SL 1.1310, TP 1.1570.