EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bulls going to test next resistance
2019-11-11 • Updated
The price is consolidating along resistance at 1.1875. So, bulls are likely going to test the next resistance at 1.1923. If a pullback from this level happens afterwards, there'll be an opportunity to have a decline towards the nearest support at 1.1801.
There's a consolidation, which is taking place between the levels 1.1909 - 1.1846. It seems like the market is going to reach the closest support at 1.1856 - 1.1846 during the day. However, if we see a pullback from these levels, bulls will probably try to achieve another resistance at 1.1923.
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