EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: 'Double Top' led to decline
2019-11-11 • Updated
The main trend is still bearish. It's likely that the pair is going to test the next support area at 1.1779 - 1.1717. A pullback from these levels could be a departure point for an upward correction.
The pair has been declining since the last 'Double Top' was formed. At the same time, if a pullback from the nearest support at 1.1779 - 1.1751 happens in the coming hours, there'll be a moment to have a bullish correction.
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