EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: pullback from 7/8 MM Level
2019-11-11 • Updated
There's a quite interesting moment on the Daily chart, cause we've got a pullback from 7/8 MM Level. However, the market is likely going to test this level once again. If the price couldn't fixate above 7/8 MM Level, bears will have a green light to reach 6/8 MM Level shortly.
Wave [v] of C has turned out to be an ending diagonal pattern. It seems like wave (iii) has just arrived, so bears are likely going to deliver wave (iv) in the short term. Meanwhile, there's an opportunity to have wave (v) of [v] of C afterwards.
Crash of LUNA ecosystem and halving cycles. Glimpse into the future of the crypto market with FBS experts!
Last week blew traders' minds! The US dollar dropped for the first time in seven weeks after Jerome Powell's speech on Tuesday…
The pandemic continues hurting economic activity in China, the war in Ukraine is hitting the entire European economy, and the Fed's efforts to control inflation threaten to trigger a recession.