EUR/USD continued its slide this morning but is trading flat on the day. Yesterday’s daily candle close though has broken a long-tern ascending trendline and sets the pair up for a potential move lower. There is a caveat however, the fundamental picture and technical picture are flashing mixed signals. EUR/USD Paints a Mixed Picture EUR/USD […]

The post Trade Setup to Watch: EUR/USD Breaks Ascending Trendline, Further Downside Ahead? appeared first on Action Forex.