Despite the decline of the American dollar, the EUR/USD pair remains in a correction trend at 1.0837.

Growth is possible.

On the daily chart, the upward wave B develops, within which the first wave 1 of (А) of B formed, a downward correction ended as the second wave 2 of (А) of B, and the third wave 3 of (A) of B develops. Now, the third wave of the lower level iii of 3 is developing, within which the wave (iii) of iii is forming, and a local correction has formed as the wave (ii) of iii, after which the EUR/USD pair will grow to the area of 1.1140–1.1470. In this scenario, critical stop loss level is 1.0804.