EURUSD: ABC Correction Complete, Downtrend Resumes

١٣ ديسمبر ٢٠٢٤

It seems the correction in EURUSD has concluded, taking the form of an ABC Zigzag. The pair has likely formed or is in the final stages of forming the first wave of a new downward impulse. After a brief corrective pullback (Wave 2), I anticipate further declines as the market continues its downtrend.