EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EURUSD: triangle in wave 4
2019-11-11 • Updated
The price has been rising since a triangle in wave 4 was formed. The main intraday target for wave 5 of (C) is 7/8 MM Level, which could be a departure point for a bearish correction.
There's a developing upward impulse in wave 5. It's likely that wave [iii] is going to move on, so we should keep an eye on 5/8 MM Level as the next bullish target.
In the middle of September 2022, the Canadian dollar has fallen to a 2-year low against the USD
The US dollar index has all chances of reaching the 2000s high of 120.00.
The Consumer Price Index announcement by Statistics Canada is set for release in a few hours will reveal the state of inflation in the Canadian economy