EUR/USD: bullish

EUR/USD: bullish "High Wave"

2019-11-11 • Updated

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The 89 Moving Average has acted as support, so we've got a "High Wave" pattern, which was confirmed. So, we could have an upward correction and a decline afterwards.

2109eurusdh1.png

There's a bullish "High Wave", which has been confirmed. In this case, the market is likely going to test the nearest "Window". If a pullback from this level happens, bears will try to deliver a new local low.

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