EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: 'Engulfing' pushing the price higher
2019-11-11 • Updated
There's a bullish 'Engulfing', which has been confirmed enough. So, the market is likely going to test the 34 Moving Average (1.1460), which could be a departure point for a decline toward the next support at 1.1301.
We've got a bullish 'High Wave', which has been confirmed. In this case, we should keep an eye on the 144 Moving Average (1.1460) as the main intraday target. A pullback from this line could lead to another bearish rally.
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