Technical Analysis – EURUSD negative signals increase downside risks

EURUSD has come under intensifying negative stress, which may see selling threats materialize. Even though the price had found a foothold on the 100-period simple moving average (SMA), the lower bound of the Ichimoku cloud at 1.1268 has capped upside moves – the level also being the 23.6% Fibonacci retracement of the up leg from […]