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.
Crash of LUNA ecosystem and halving cycles. Glimpse into the future of the crypto market with FBS experts!
Last week blew traders' minds! The US dollar dropped for the first time in seven weeks after Jerome Powell's speech on Tuesday…
The pandemic continues hurting economic activity in China, the war in Ukraine is hitting the entire European economy, and the Fed's efforts to control inflation threaten to trigger a recession.