EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: 34 Moving Average acted as resistance
2019-11-11 • Updated
There's a bearish 'Doji', so the market is likely going to test the lower 'Window' in the short term. A pullback from this level could be a starting point for an upward correction.
The 34 Moving Average has acted as resistance, so we've got a 'Hanging Man' pattern. Therefore, we should keep on track the lower 'Window' as the next bearish target.
This week, there are a few high-probability trade ideas I'd like to recommend to you. Trading these setups, be sure to implement a proper risk management approach.
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