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EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: "Tweezers" and "Harami"
2019-11-11 • Updated
There's a bearish "Harami", but confirmation of this pattern isn't enough. So, bulls are likely going to test the 34 Moving Average, which could be a departure point for another decline.
The 34 Moving Average is acting as resistance, so we've got a "Tweezers" and a "Harami" on this line. In this case, we could have a local decline during the day. Nevertheless, bulls will probably try to resume an upward correction afterwards.
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