EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: market is consolidating
2019-11-11 • Updated
The market is consolidating between the levels 1.1745 - 1.1654. The main intraday target is the next resistance at 1.1757 - 1.1790. A pullback from this area could be a departure point for a bearish correction.
The price is rising because of the last 'V-Bottom'. Meanwhile, there's also an opportunity to have a bearish correction during the day. So, we should keep an eye on the closest support at 1.1679 - 1.1661 as a local target.
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