
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
2019-11-11 • Updated
EUR/USD continues to rise after the earlier upward reversal from the support zone lying between the support levels 1.0880 and 1.0830 (former strong resistance levels which have been reversing the price from the start of December). This support area was strengthened by the 20-day simple moving average. The upward reversal form this support zone started the active impulse wave (iii).
EUR/USD is expected to rise to the next buy target at the nearby resistance level 1.1000 (top of the previous impulse wave (i)) - the breakout of which can lead to further gains toward 1.1100 (target price for the completion of the active impulse wave 3).
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
What happened? It looks like the decline in EUR/CHF to 1…
4H Chart Daily Chart EURUSD managed to rise further on Friday inline with our expectations, reaching our entire targets mentioned in our previous notes at 1…
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