ForexKei-Official

EURJPY continuously bearish by Ichimoku

Short
FX:EURJPY   Euro / Japanese Yen
Comment:

EURJPY Daily chart still shows bearish trend as per below Ichimoku confirmations.

Ichimoku Trend Analysis:

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

Next Scenario:

Market has been downtrending resisted by the descending trend line. As long as market is below Tenakn sen, the bearish trend may persist. But if market breaks Tenkan Sen and descending trend line, then no trade.

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