EURUSD keeps negative tone, but near-term action seems to be lacking firmer direction signals. Wednesday’s strong upside rejection left a daily candle with long upper shadow and formed a bull-trap above 10 DMA, signaling strong bearish pressure, but long lower shadows on daily candles of Thursday / today, suggest that bears face headwinds from immediate […]
The post EUR/USD: Overall Picture Bearish But Headwinds Continue to Slow the Action appeared first on Action Forex.
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