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 still no any reversal pattern so far. Previously, we had an 'Engulfing', which led to the current decline. The main intraday target is the next support at 1.1304. A pullback from this level could be a starting point for an upward correction.
There's a 'Shooting Star', which has been formed on the 'Window'. This pattern has confirmation, so the pair is likely going to test another support at 1.1304. If any bullish pattern forms next, there'll be an opportunity to have an upward correction.
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