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ForexKei-Official
Nov 16, 2021 12:07 PM

EURUSD continuously downtrending Short

Euro Fx/U.S. DollarFXCM

Description

Comment:

EURUSD Daily timeframe shows a continuously downtrending by Ichimoku trend analysis.

Ichimoku Trend Analysis:

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

Next Scenario:
Market broke V target of 1.1375. Next target is the N target at 1.1305 level.
Comments
philbilly91
Hey Kei, curious as to what you think of Eur/Usd breaking upward through the down trend line on the monthly chart?
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