EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: "Shooting Star"
2019-11-11 • Updated
There're bullish patterns such a "Morning Star" and a "High Wave", which both have been confirmed. So, the 55 Moving Average is likely going to act as resistance. If so, we could have another decline afterwards.
We've got a "Shooting Star", which has been formed on the 55 Moving Average. However, confirmation of this pattern is a quite weak, so we could have a local bearish correction and the following decline littel later on.
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