EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: lower 'Window' acted as support
2019-11-11 • Updated
The lower 'Window' has acted as support, so there's a 'Doji' pattern. At the same time, if a pullback from the nearest resistance happens next, bears are likely going to test the next support at 1.1283. This level could be a starting point for an upward correction.
There's a 'High Wave', so the market is likely going to test the closest resistance at 1.1349. If any bearish pattern forms afterwards on this level, there'll be an opportunity to have a decline in the direction of another support at 1.1283.
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