EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/CHF falling inside wave 3
2019-11-11 • Updated
- EUR/CHF falling inside wave 3
- Next sell target - 1.1200
EUR/CHF today reversed down sharply from the pivotal resistance level 1.1350 (former powerful support level from May, which stopped the previous downward impulse wave (A), as can be seen below). The downward reversal from this resistance level accelerated the active minor impulse wave 3. EUR/CHF is expected to fall further toward the next sell target at the next support level 1.1200 (forecast price for the completion of the active impulse 3).
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