EURUSD remains in a bearish trend according to the Ichimoku cloud indicator as price remains below both the tenkan-sen and kijun-sen indicators. The Kumo (cloud) resistance is found at 1.0645, while the tenkan-sen resistance is at 1.0586. The Chikou span (black line indicator) is below the candlestick pattern, confirming bearish trend. Bulls remain under pressure. Bulls need to at least push price above the tenkan-sen indicator in order to hope for a bigger upside reversal.
