EURUSD remains in extended sideways mode and looking for direction signal after several attempts on both sides failed. Conflicting daily indicators (MA’s in mixed setup / rising negative momentum / north-heading RSI) contribute to directionless action, though the picture remains bullishly aligned as thick weekly Ichimoku cloud continues to underpin, and weekly studies are positive. […]
EUR/USD extended losses and traded below the 1.0775 support. USD/CHF is rising and might aim a move toward the 0.8850 resistance. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro struggled to clear the 1.0935 resistance and declined against the US Dollar. There is a key bearish trend line forming with resistance at 1.0680 […]
The post EUR/USD Dips Further While USD/CHF Turns Green appeared first on Action Forex.
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