EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: lower 'Window' acted as support
2019-11-11 • Updated
There's an 'Inverted Hammer', which has been confirmed. So, the market is likely going to test the nearest resistance area, which could be a departure point for another decline.
The lower 'Window' acted as support, so there's a developing upward correction. Also, we've got a bullish 'Three Methods' pattern, so the pair is likely going to reach the closest resistance area in the coming hours.
This week, there are a few high-probability trade ideas I'd like to recommend to you. Trading these setups, be sure to implement a proper risk management approach.
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