EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: 55 Moving Average acted as support
2019-11-11 • Updated
The 89 and 55 Moving Averages have acted as support, so there's a 'Three Methods' pattern. In this case, the pair is likely going to test the next resistance area.
There's still no any reversal pattern so far. However, if we have any bearish model in the coming hours, there'll be an opportunity to have a correction. Even so, bulls will probably try to reach the upper 'Window' afterwards.
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