EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: price to test the nearest resistance
2022-12-28 • Updated
There's a bearish 'Shooting Star', but confirmation of this pattern is quite weak, so the price is likely going to test the nearest resistance at 1.1555 once again. A pullback from this level could be a starting point for another decline towards the next support at 1.1392.
We've got a 'Three Black Crows' pattern, so the pair is going to test the closest support at 1.1485. If a pullback from this level happens little later on, we should watch the nearest resistance at 1.1555 as an intraday bullish target.
Welcome to October, the tenth month of 2023. For this installment of What to Trade, I have handpicked a few of my favorite trade ideas for the month. Let’s go over a few of them.
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