
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
2019-11-11 • Updated
There're bearish patterns such a 'High Wave' and an 'Evening Star', which both have been formed on the 55 Moving Average. It's likely that the pair is going to test the nearest support at 1.1319 soon. If a pullback from this level forms next, there'll be a moment to have a bullish price movement to 1.1385.
We've got a new 'Window'. Also, there's a 'High Wave' pattern above the Moving Averages, so the market is likely going to test the closest support at 1.1319 within the next few hours. Meanwhile, a pullback from this level could lead to an upward price movement towards the previously tested resistance at 1.1385.
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
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The current situation is terrible, and the future is worse for the United Kingdom. Will the British pound withstand the challenges that await the UK economy, or will it collapse?
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