EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bullish "Tweezers"
2019-11-11 • Updated
There's a consolidation, which is taking place on the four-hours chart. Also, we've got a bullish "Tweezers", but this pattern hasn't been confirmed yet. In this case, the current correction is likely going to be continued.
We've got a bullish "Tweezers" at the last local low. Also, there's a "Shooting Star" on the 55 Moving Average. Therefore, the 89 Moving Average is likely going to act as support shortly. If a pullback from this line happens, there'll be an opportunity to have another upward price movement.
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