EUR/USD: all the Moving Averages broken

EUR/USD: all the Moving Averages broken

2019-11-11 • Updated

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There's a bearish 'High Wave', which has been confirmed enough. So, the market is likely going to test the 34 & 55 Moving Averages shortly. A pullback from this line could be a departure point for another bullish rally.

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All the Moving Averages have been broken. The main intraday target is the next support at 1.1677. If we have a pullback from this level, there'll be a green light for an upward price movement.

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