EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: "Harami" and "Engulfing"
2019-11-11 • Updated
The 55 Moving Average has acted as support, but there's a bearish "Doji" on the last high. So, the price is likely going to test the 34 MA, which could be a departure point for another upward price movement.
There are bearish patterns such a "Harami" and an "Engulfing". So, the 34 & 55 Moving Averages are going to act as support. If we have a pullback from these lines, there'll be an opportunity to see a local upward price movement.
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