Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
EUR/USD: bears going to test nearest support
2019-11-11 • Updated
Bulls faced with resistance at 1.1859, so the price is consolidating. The main intraday target is next resistance at 1.1879 - 1.1897. If a pullback from these levels happens little later on, there'll be an opportunity to have a decline towards the closest support at 1.1821 - 1.1787.
The price has been consolidating since a pullback from resistance at 1.1859 happened. So, bears are likely going to test the nearest support at 1.1821, which could be a departure point for an upward price movement in the direction of another resistance at 1.1879 - 1.1897.
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