EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: pullback from the upper 'Window'
2019-11-11 • Updated
There's a pullback from the upper 'Window', so we've got a 'Harami' pattern. In this case, we should watch the next support at 1.1117 as an intraday bearish target. This level could be a starting point for a bullish correction.
The 55 Moving Average acted as resistance, so there're bearish patterns such a 'Shooting Star' and a 'Harami'. So, after a short break, the pair is likely going to continue falling down towards another support at 1.1117.
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