EUR/USD Bounces After an ABC Correction
After Friday's (8/24) sell-off, the EUR/USD extended the corrective decline on Monday (8/27) trading. Looking at the 1H chart, we see 2 swings down, or 3 waves down. The downswings are also in abc structures, making this a "double 3″ in Elliott Wave terms, but really just a bigger ABC...
FF News: Technical