EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: bulls try to deliver new local high
2019-11-11 • Updated
There isn't any reversal pattern so far. However, if we have a pullback from the nearest resistance level, bears are likely going to test the middle of the last group of white candles. Anyway, bulls will probably try to deliver a new local high afterwards.
All the last candles are bullish. Meanwhile, if we see any bearish pattern in the coming hours, there'll be an opportunity to have a downward correction towards the Moving Averages.
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