Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: wave (iii) about to end
2019-11-11 • Updated
Wave 2 may have been formed, cause there's a pullback from 4/8 MM Level. Also, there's a bearish impulse in wave (i), so the price is rising in wave (ii). If we've got another pullback from 4/8 MM Level, bears are likely going to deliver wave (iii) in the short term.
The price has been rising since a pullback from 1/8 MM Level was formed. The main intraday target is 4/8 MM Level, which could be a departure point for another decline in wave (iii).
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