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ForexKei-Official

EURCAD H4 downtrending by Ichimoku

Short
Euro / Canadian Dollar (FX:EURCAD)  
ForexKei-Official  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Technical Indicators forexkei Ichimoku Cloud ichimokukinkohyo EURCAD
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trendanalysis indicator forexkei ichimokuclouds ichimokukinkohyo eurcad
Comment

EURCAD H4 shows a continuous downtrend as per below Ichimoku confirmations.

Ichimoku Analysis

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

Next Scenario

Market is reaching to the Daily support level of 1.4722. Whether it breaks or not is the topic for next week.
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EURCAD downtrending by Ichimoku
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