
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
2019-11-11 • Updated
The price has broken the last uptrend, but the 89 Moving Average acted as support. However, the market is likely going to continue moving down towards the next support at 1.1131 - 1.1108. If we see a pullback from this area, there'll be an opportunity to have an upward price movement in the direction of the nearest resistance at 1.1165.
There's a "Double Bottom" pattern, which has been confirmed. In this case, bulls are likely going to reach the closest resistance at 1.1181 - 1.1193 during the day. At the same time, if a pullback from these levels happens, bears will have a green light to catch the nearest support at 1.1131 - 1.1108.
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
What happened? It looks like the decline in EUR/CHF to 1…
4H Chart Daily Chart EURUSD managed to rise further on Friday inline with our expectations, reaching our entire targets mentioned in our previous notes at 1…
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