The Euro remains in red on Monday, although with limited downside so far, after Friday’s strong upside rejection left bearish daily candle with long upper shadow and formed a bull-trap at daily cloud top, generating initial negative signal. Technical picture on daily chart shows MA’s in mixed setup, negative momentum and the price moving within […]The post EURUSD: Mixed Signals While Price Holds Within Daily Cloud appeared first on Action Forex.
EURUSD: Mixed Signals While Price Holds Within Daily Cloud
The Euro remains in red on Monday, although with limited downside so far, after Friday’s strong upside rejection left bearish daily candle with long upper shadow and formed a bull-trap at daily cloud top, generating initial negative signal. Technical picture on daily chart shows MA’s in mixed setup, negative momentum and the price moving within […]The post EURUSD: Mixed Signals While Price Holds Within Daily Cloud appeared first on Action Forex.