EURUSD currency pair recently broke the support zone set between the pivotal support level 1.13000 (which stopped the previous minor impulse wave (i) at the start of February) and the 61.8% Fibonacci correction of the upward wave (c) from last month. The breakout of this support zone accelerated the active impulse wave (iii). Given the clear daily downtrend – EURUSD currency pair can be expected to fall further toward the next support level 1.11250 (monthly low from January and the target for the completion of the active wave (iii)).