EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bearish "Three Methods" pattern
2019-11-11 • Updated
The last "Shooting Star" pattern has been confirmed, so the pair is likely going to test the 34 Moving Average. If any bullish pattern forms afterwards, there'll be an opportunity to have another upward price movement.
We've got a bearish "Three Methods" pattern, so we should keep in mind the 55 Moving Average as an intraday target. However, we could have a local upward correction later on.
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