EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: local bullish 'High Wave'
2019-11-11 • Updated
There's a local bullish 'High Wave', so the market is likely going to continue rising. The main intraday target is the next resistance at 1.1787, which could be a departure point for a downward correction.
The last bullish 'Engulfing' pushed the price higher. Meanwhile, if a pullback from the nearest resistance at 1.1732 happens next, there'll be a moment for a decline towards the closest support at 1.1696.
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