EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bullish 'High Wave'
2019-11-11 • Updated
There's a bullish 'High Wave', so we could have an upward correction in the short term. However, if a pullback from the nearest resistance happens next, there'll be an opportunity to have a decline.
We've got a 'High Wave' pattern, so we're likely going to have a bullish correction. Meanwhile, if the Moving Averages act as resistance, bears will probably try to test the next support area.
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