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EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: market to test nearest resistance area
2019-11-11 • Updated
There's a bullish 'Tower', which hasn't been confirmed yet. So, the market is likely going to test the nearest resistance area, which could be a starting point for another decline.
We've got bullish patterns such a 'High Wave' and a 'Harami', which both have confirmation. At the same time, there's a 'Hanging Man', so there's an opportunity to have a local downward correction. Nevertheless, the market is likely going to test the upper 'Window' afterwards.
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