EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: second pullback from 8/8 MM Level in a row
2019-11-11 • Updated
We've got the second pullback from 8/8 MM Level in a row. So, wave [y] of 2 may have been finished. In this case, bears are likely going to deliver wave (i), which means we should keep an eye on 6/8 MM Level as an intraday target.
There's a bearish impulse, which could be wave i of (i). 8/8 MM Level has acted as resistance twice. Moreover, wave ii seems to be ended, so we're likely going to see a decline in wave iii of (i) in the direction of 5/8 MM Level.
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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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