EURUSD Looks for Direction Signal to End Extended Sideways Mode

Wait 5 sec.

The Euro firmed on Friday and probes again through initial barrier at 1.1635 (daily cloud base / daily Tenkan-sen) after short-lived cloud penetration on Thursday which left daily candle with long upper shadow. Daily cloud continues to cap upticks for almost two weeks, contributing to overall bearish daily structure (cluster of converged DMAs stays just […]The post EURUSD Looks for Direction Signal to End Extended Sideways Mode appeared first on ActionForex.