EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: market to reach the nearest resistance
2019-11-11 • Updated
The main trend is still bearish, but there's a 'V-Bottom' pattern, which has been confirmed. In this case, it's likely that the market is going to reach the nearest important resistance at 1.1369 - 1.1406 in the coming days. If a pullback from this area happens afterwards, there'll be time for another decline. So, we should keep in mind the next support at 1.1257 - 1.1214 as a possible bearish target.
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