EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: another pullback from 144 MA
2019-11-11 • Updated
The 34 Moving Average is acting as resistance, so there's a bearish 'Shooting Star', which has been confirmed. In this case, the market is likely going to test the lower 'Window' (1.1107) within the next few hours.
There's another pullback from the 144 Moving Average, so we've got a 'Shooting Star' pattern. Therefore, we're likely going to have a decline shortly, which means we should watch the next support at 1.1227 as an intraday target.
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD
The US dollar index has all chances of reaching the 2000s high of 120.00.
The Consumer Price Index announcement by Statistics Canada is set for release in a few hours will reveal the state of inflation in the Canadian economy