Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: no any confirmed reversal pattern so far
2019-11-11 • Updated
There's no any confirmed reversal pattern so far. Previously, we had a 'Shooting Star'. In this case, the pair is likely going to test the next support at 1.1449.
The market has been declining since a 'Harami' formed on the Moving Averages. At the same time, there's an opportunity to have a local upward correction soon. So, we should keep an eye on the nearest resistance at 1.1543 as a possible departure point for another decline.
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