The Euro eased on Thursday morning and signal that near-term bears off 1.1728 (Oct 17 lower top) are regaining control after limited and short-lived recovery attempts on Wednesday. The price has established below relatively thick daily Ichimoku cloud which continues to weigh on near-term action, after Wednesday’s bounce attempts stalled under initial barriers at 1.1631/35 […]

The post EUR/USD: Bearish Bias Below Daily Cloud appeared first on Action Forex.