EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: "Shooting Star" led to decline
2019-11-11 • Updated
The last "High Wave" and "Shooting Star" patterns led to the current decline. It's likely that the market is going to test the closest support area, which could be a departure point for another bullish rally.
The price is consolidating under the Moving Averages. There's a "Hanging Man" pattern, so the pair is likely going to test the lower "Window" in the coming hours.
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