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 a local bullish 'Harami' pattern, so the price is rising. The main intraday target is the next resistance at 1.1704. A pullback from this level could be a departure point for a decline towards the nearest support at 1.1599.
There's no any reversal pattern so far. Also, all the Moving Averages have been broken. So, the market is likely going to test the closest resistance at 1.1704. If a pullback from this level happens next, there'll be a moment for a decline in the direction of the lower 'Window' (1.1602).
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