Elliott Wave Weekly: EURUSD to continue unfolding second-wave correction

The market is still declining this week, so wave Y of (2) is already underway. In this case, we should be ready for a massive decline in the coming days, possibly toward the low of wave 4 of (1). As you can see on the weekly chart below, the opportunity to have a third-wave advance remains in place, but we should wait for the ending of the ongoing downward correction.

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