EUR/USD: Bearish Bias Under Daily Ccloud Top/10DMA

<p>EURUSD is consolidating within a narrow range in early Monday trading, following 0.85% drop last Thu/Fri, on pullback from new multi-week high at 1.1012 (June 22). Near-term action remains weighed by a bull-trap above 1.0983 Fibo barrier and strong rejection above psychological 1.10 resistance, with repeated close below 10DMA / daily cloud top (1.0907/05) seen [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/507281-eur-usd-bearish-bias-under-daily-ccloud-top-10dma/">EUR/USD: Bearish Bias Under Daily Ccloud Top/10DMA</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>