EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: pair going to reach next resistance
2019-11-11 • Updated
The main trend is still bullish, so the market is likely going to reach the next resistance at 1.2537 - 1.2569. If a pullback from this area happens little later on, there'll be an opportunity to have a decline towards the closest support at 1.2453 - 1.2434.
Bulls faced with resistance at 1.2522, so the pair is likely going to test the closest support at 1.2474 - 1.2453. This area could be a departure point for another upward price movement in the direction of the next resistance at 1.2522 - 1.2537.
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
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