ForexKei-Official

AUDCAD bearish at Daily support level

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
Comment:

AUDCAD shows continuously bearish as per below Ichimoku confirmations.

Ichimoku Trend Analysis:

- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles

Next Scenaro:

Ichimoku showing market being bearish at Daily support level. Market might retrace back to the descending trend line or Tenkan sen, and breaks the support level at 0.91110.
Target is the next round number as well as previous support at 0.9000.

Forex Kei
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.