Analysis of wave counting:
In general, it is expected, during the Friday's trading, the EUR/USD pair was able to resume the development of the upward movement and in the second half of the day reached the level of 1.1970. Thus, it can be assumed that the currency pair continued to attempt to complete the entire wave c, in B, in (C) and go into the stage of formation of the first generating waves in the future wave d, in B, in (C), or even renewal forming the main upward trend. If so, then the currency pair may have good prospects for further growth of quotations to the level of the 22nd figure.
Targets for selling:
1.1828 - 161.8% by Fibonacci
1.1807 - 685.4% by Fibonacci
Targets for buying:
1.2000 - 1.2200
General conclusions and trading recommendations:
The assumed wave c, in B, in (C) has completed its construction. So, now it is recommended buying the pair as part of wave of d, in B, in (C) with targets located about 20 and 21 figures. It is recommended to go back to selling after a successful attempt to break through the calculated mark of 1.1828, as this will mean the complication of the wave c, in B, in (C), with targets under the 18th figure.