The S&P 500 had a good week due to the impressive start of Q1 earnings and favorable inflation data. In March, the consumer price index rose 5%, lower than the previous month's 6%, and met economists' expectations.
EUR/USD: "Window" going to act as a support
2019-11-11 • Updated
We’ve got a bearish “Tower” on the nearest resistance area. Therefore, the market is likely going to test the lower “Window” in the short term. If a pullback from this level happens, there’ll be an opportunity to have another upward price movement.
There’s an “Engulfing”, which has been confirmed. So, the price is likely going to achieve the closest support and the 55 Moving Average, which both could be a departure point for another bullish rally.
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