Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bulls going to test last high
2019-11-11 • Updated
The 55 Moving Average and the lower "Window" have acted as support, so we've got a "Three Methods" pattern on this line. Therefore, the market is likely going to continue moving up towards the nearest resistance level.
The price has been rising since a "Hammer" formed at the last low. There isn't any reversal pattern so far, but there's an opportunity to have a local correction. Anyway, bulls are likely going to reach the upper "Window" in the short term.
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