EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: extension in wave (iii) of [i]
2019-11-11 • Updated
The price has been rising since a pullback from 0/8 MM Level happened. So, there's a developing bullish impulse, which could be wave [i]. The main intraday target is 2/8 MM Level.
There's an extension in wave (iii) of [i], which hasn't been finished yet. Therefore, the price is likely going to test 3/8 MM Level, which could be a departure point for wave (iv). Nevertheless, bulls will try to reach 4/8 MM Level afterwards.
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