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EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: "High Wave" pattern
2019-11-11 • Updated
There isn't any reversal pattern, so the price is still rising. The main intraday target is the 89 Moving Average, which could be a departure point for another decline.
The 89 Moving Average has acted as support, so we've got a "High Wave" pattern, which was confirmed. In this case, the market is likely going to continue rising until any bearish pattern arrives.
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