EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD reversed from support zone
2019-11-11 • Updated
- EUR/USD reversed from support zone
- Next buy target - 1.2500
EUR/USD recently reversed up from the support zone lying between the support level 1.2200 (which reversed the previous minor corrective wave 4 in January), lower daily Bollinger Band and the 38.2% Fibonacci correction of the previous intermediate impulse wave (3). EUR/USD is expected to rise toward the next buy target at the next resistance level 1.2500 (top of the previous waves (3) and B).
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