EURUSD is returning around the 1.1400 level and is flirting with the long-term descending trend line in the Ichimoku cloud. Also, the price is still hovering underneath the 23.6% Fibonacci retracement level of the down leg from 1.2348 to 1.1185 at 1.1460 and is trying to overcome the latest highs of the preceding week. According […]

The post EURUSD Hovers Beyond Long-Term Descending Line; Weak Bullish Bias appeared first on Action Forex.