EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: 89 MA acted as support
2019-11-11 • Updated
There are bullish patterns such a "Tweezers" and a "Hammer", which both have been formed at the last local low. Therefore, the market is likely going to test the nearest resistance area in the short term.
The 89 Moving Average has acted as support, so there's an "Inverted Hammer", which has been confirmed enough. In this case, the pair is likely going to continue moving up in the coming hours.
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