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EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: Morning Star pushing price higher
2023-05-09 • Updated
The price has been rising since the lower "Window" acted as support. Also, we don't have any reversal pattern so far, which mean the pair could test the upper "Window" soon. If we see any bearish pattern on this level, there'll be an opportunity to have a correction.
We've got a "Morning Star", which has been confirmed, so the price is moving up. At the same, there's a chance to have a local correction towards the nearest support level. Anyway, we are likely going to see the price even higher in the coming hours.
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