The price is in a correction and a fall is possible.
On the daily chart, the upward wave B forms, within which the entry first wave of the lower level 1 of (А) of B developed, and a downward correction forms as the second wave 2 of (А) of B. Now, the wave a of 2 is forming, within which the wave (iv) of a has ended, and the wave (v) of a is developing. If the assumption is correct, the EUR/USD pair will fall to the area of 1.0500–1.0325. In this scenario, critical stop loss level is 1.0695.