EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD reached buy target 1.1900
2019-11-11 • Updated
- EUR/USD reached buy target 1.1900
- Next buy target - 1.2100
EUR/USD continues to rise inside the minor impulse wave 5, which earlier broke above the pivotal resistance level 1.1900 (which was set as the buy target in our earlier forecast for this currency pair). The breakout of the resistance level 1.1900 accelerated the active impulse waves 5 and (iii). EUR/USD is expected to rise to next buy target at the next resistance level 1.2100 (target price for the completion of the active impulse wave 5, intersecting with the resistance trendline of the daily up channel from March).
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
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