EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: no any reversal pattern so far
2019-11-11 • Updated
There's no any reversal pattern so far. It's likely that the market is going to test the nearest resistance at 1.1747. A pullback from this level could be a starting point for a decline towards the next support at 1.1606.
The 34 Moving Average has acted as support. Also, there's a bearish 'Harami', but this pattern hasn't been confirmed yet. So, after a short break, the pair is likely going to test the upper 'Window' (1.1747).
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