
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
2019-11-11 • Updated
Bulls faced resistance at 1.1757, so we've got a "V-Top" pattern, which pushed the price lower. So, the market is likely going to decline towards the nearest support at 1.1712. If a pullback from this level happens, there'll be an opportunity to have another upward price movement in the direction of the next resistance at 1.1757 - 1.1801.
We've got a "V-Top", which has been confirmed, so the price is consolidating. In this case, bears are likely going to reach the closest support at 1.1712 - 1.1679. However, if we have a pullback from this area, bulls will probably try to test another resistance at 1.1776 - 1.1801.
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
What happened? It looks like the decline in EUR/CHF to 1…
4H Chart Daily Chart EURUSD managed to rise further on Friday inline with our expectations, reaching our entire targets mentioned in our previous notes at 1…
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The current situation is terrible, and the future is worse for the United Kingdom. Will the British pound withstand the challenges that await the UK economy, or will it collapse?
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