EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bullish 'Hammer' pattern
2019-11-11 • Updated
There's a bullish 'Hammer', which hasn't been broken yet. So, the pair is likely going to reach the nearest resistance at 1.1386. If a pullback from this level happens next, bears will probably try to test the lower 'Window'.
We've got a bullish 'Inverted Hammer', which has been confirmed. The main intraday target is the upper 'Window', which could be a starting point for another decline towards the next support at 1.1300.
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