EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: price achieved 0/8 MM Level
2019-11-11 • Updated
The price is still declining. It seems like wave 4 is taking the form of a zigzag, which is about to end. So, if a pullback from 0/8 MM Level happens later on, there'll be an opportunity to have wave [i] of 5.
The pair has achieved 0/8 MM Level, which could act as support. If so, bulls are likely going to deliver wave [i]. The main intraday target is 2/8 MM Level.
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