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ForexKei-Official
Aug 4, 2021 7:15 AM

EURCHF downtrending by Ichimoku Short

Euro Fx/Swiss FrancFXCM

Description

Comment:

EURCHF Daily timeframe shows continuous downtrend 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 Scenario:

Market broke the Daily support of 1.0738 level. Market below Tenkan sen shows strong downtrend. Target is at 1.0659 level.
Comments
AnthonyGreenman
Thank you Kei as always appreciated.
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