EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bearish 'Harami'
2019-11-11 • Updated
There's a bearish 'Harami', which has been confirmed. So, the pair is likely going to test the 34 & 55 Moving Averages in the short term. A pullback from these lines could be a departure point for another bullish rally.
We've got a 'High Wave', which has been formed on the upper 'Window'. In this case, after a short break, the market is likely going to reach the lower 'Window' (1.1675).
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Next week, we expect the BOC rate statement, the OPEC+ meeting, and the Nonfarm payrolls release. Let's look at the opportunities in detail!
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