Elliott Wave Weekly: EUR/USD To Continue Unfolding Second-Wave Correction

The market is still unfolding wave Y of (2). In this case, we should be ready for a another 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.