EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bearish correction is coming soon
2019-11-11 • Updated
There's a bullish 'Three Methods' pattern, so the pair is likely going to test the next resistance at 1.1815. A pullback from this level could be a starting point for a downward correction towards the nearest support at 1.1717.
It's likely to have a bearish correction in the coming hours. The main intraday target is the lower 'Window' (1.1741), which could act as support. If so, bulls are going to reach another resistance at 1.1815.
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