Description
⋅ Comments:
AUDUSD is currently downtrending by Ichimoku trend confirmation (KTS)
Ichimoku Trend Analysis (KTS)
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
Kumo is thick on Daily timeframe so this trend can be continuous. Initial target is 0.6251 level.