EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: "V-Top" led to decline
2019-11-11 • Updated
The main trend is still bullish. It's likely that the pair is going to test the closest support at 1.2289 - 1.2259, which could be a departure point for another upward price movement.
The price has been declining since a "V-Top" pattern formed. The main intraday target is the nearest trend line. If a pullback from this level happens, there'll be an opportunity to have a bullish price movement towards the next resistance at 1.2358 - 1.2387.
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