Comment:
AUDCAD Daily timeframe shows it broke the support level of 0.9454 and continuously downtrending as per below Ichimoku confirmation.
Ichimoku Trend Analysis (Daily):
- Kumo (Senko span A and B) down
- Kijun send down
- Tenkan sen down
- Chiko Span below candles
Next Scenario:
Waiting for the most recent breakout at 0.9424 level in H4 and look for a selling edge. The target is on next support level at 0.9300.
AUDCAD Daily timeframe shows it broke the support level of 0.9454 and continuously downtrending as per below Ichimoku confirmation.
Ichimoku Trend Analysis (Daily):
- Kumo (Senko span A and B) down
- Kijun send down
- Tenkan sen down
- Chiko Span below candles
Next Scenario:
Waiting for the most recent breakout at 0.9424 level in H4 and look for a selling edge. The target is on next support level at 0.9300.
Forex Kei
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Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com