ForexKei-Official

AUDUSD new downtrend by Ichimoku

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Comment:

AUDUSD Daily timeframe shows new downtrend as per below Ichimoku confirmations.

Ichimoku Trend Analysis:

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

Next Scenario:

Today's Daily breakout can be a new downtrend on AUDUSD as it was a descending P wave breakout. Initial target is at 0.7222 level.

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