EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: no any reversal pattern
2019-11-11 • Updated
There's still no any reversal pattern. At the same time, the last 'Three Methods' pattern is still on the table. In this case, the pair is likely going to test the nearest resistance, which could be a departure point for a downward correction.
We've got a bearish 'Doji', which hasn't been confirmed. So, the market is likely going to break the last high soon. However, if any bearish pattern forms afterwards, there'll be time for a bearish correction towards the Moving Averages.
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