EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: price reached upper "Window"
2019-11-11 • Updated
The price has reached the upper "Window", but there isn't any reversal pattern so far. So, there's an opportunity to have a local bearish correction. Meanwhile, if a pullback from the nearest support happens afterwards, there'll be an option to have another bullish rally.
There's a bearish "High Wave", but confirmation of this pattern isn't enough. In this case, the market is likely going to test the upper "Window" once again. If one more pullback from this levels happens, bears will probably try to reach the nearest support area.
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