EURUSD currency pair previously broke through the support zone lying between the round support level 1.20000 (which has been reversing the price from the end of April) and the 50% Fibonacci correction of the sharp upward impulse wave (1) from March. The breakout of this support zone accelerated the C-wave of the active ABC correction (2) – EURUSD currency pair can be expected to fall further, under strong USD bullishness – toward the next support level 1.18700 (target for the completion of the active ABC correction (2) ).