EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: price consolidating between 89 and 34 MA
2019-11-11 • Updated
The price is consolidating between the 89 and 34 Moving Averages. It's likely that the market is going to test the nearest support at 1.1717 - 1.1675. This area could be a starting point for an upward price movement towards the next resistance at 1.1799 - 1.1829.
All the Moving Averages have been broken. However, we could have an upward correction during the day. If a pullback from the closest resistance at 1.1778 happens litter later on, there'll be a moment for another decline.
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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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Bearish scenario: Sell below 2200 / 2194 ... Nearest bullish scenario: Buy above 2197... Bullish scenario after retracement: Consider buys around each indicated demand zone