EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bearish "Three Methods"
2019-11-11 • Updated
The pair has been declining since a “Harami” was formed at the last high. Also, there’s a developing “Three Methods” pattern. If the 89 Moving Average acts as a resistance, the market is likely going to test the lower “Window”, which could be a departure point for an upward correction.
The price found a lodgement under the upper “Window”. Moreover, there’s a bearish “Shooting Star”, but this pattern hasn’t been confirmed yet. So, the lower “Window” is likely going to act as a support soon.
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