EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: main trend still bearish
2019-11-11 • Updated
The main trend is still bearish. At the same time, there's an 'Inverted Hammer', which hasn't been confirmed yet. In this case, for now, it's likely that the market is going to test the nearest resistance by the 'Window' and the 34 Moving Average (1.1304). The subsequent pullback from these levels could lead to another decline in the direction of the next support at 1.1148.
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