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EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/AUD broke resistance zone
2019-11-11 • Updated
- EUR/AUD broke resistance zone
- Next buy target - 1.5740
EUR/AUD continues to rise inside the minor impulse wave 3 – which recently broke the resistance zone lying between the key resistance level 1.5380 (previous buy target and the top of the earlier sharp impulse wave (i)) and the resistance trendline of the daily up channel from the middle of July. EUR/AUD is expected to rise further in the accelerated impulse wave 3 toward the next buy target at the next resistance level 1.5740 (target for the completion of the active impulse 3).
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