EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: leading diagonal in wave (a)
2019-11-11 • Updated
Wave [ii] is still underway, so we should keep an eye on 3/8 MM level as the next bearish target. If a pullback from this level happens little later on, there'll be an opportunity to have an impulse in wave [iii].
There's a possible leading diagonal in wave (a). In this case, we could have wave (b) during the day. Nevertheless, bears are likely going to deliver wave (c) of [ii] afterwards.
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