Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: another pullback from 4/8 MM Level
2019-11-11 • Updated
There's another pullback from 4/8 MM Level, so wave [ii] might have been formed. In this case, we're likely going to have an upward impulse in wave [iii]. The nearest bullish target is +2/8 MM Level.
4/8 MM Level acted as support, so the price is rising. It seems like wave (i) is about to end. If correct, there's an opportunity to have wave (ii) in the short term.
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