Technical Analysis – EURUSD looks bearish despite recent bounce off 23.6% Fibonacci

EURUSD is trying to push over the upper boundary of the Ichimoku cloud at 1.1063 after the drop on November 4 bounced off the 1.1005 support, which is the 23.6% Fibonacci retracement of the down leg from 1.1411 to 1.0878. However, the bearish crossover by the downward sloping Tenkan-sen line leans toward a down move, […]