EUR/USD: Recovery Accelerates and Cracks Daily Cloud Top, 20/200 DMA Bull-Cross Underpins

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The Euro firmed further on Monday, generating initial signal of formation of reversal pattern on daily chart. Recovery from a higher base at 1.1660 zone extends into second straight day and cracks significant barrier at 1.1745 (top of thick daily Ichimoku cloud) with sustained break here to boost positive signal and open way for further […]The post EUR/USD: Recovery Accelerates and Cracks Daily Cloud Top, 20/200 DMA Bull-Cross Underpins appeared first on ActionForex.