EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: all the Moving Averages broken
2019-11-11 • Updated
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.
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.
Bullish Scenario: Buys above 17910 with TP:18098.07, TP2:18277, and TP3: 18415 Bearish Scenario: Sells below 17850 with TP1:17730, TP2: 17700
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