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AUDCAD continuously bearish, reaching support level
Australian Dollar/Canadian Dollar
Short
AUDCAD continuously bearish, reaching support level
By ForexKei-Official
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May 13, 2021
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May 13, 2021
Comment:
AUDCAD is reaching the support level at 0.9300 as it continues to be bearish as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span B and A) down
- Kijun sen down
- Tenkan sen down
- Chiko Span below candles
Next Scenario:
After support level breakout at 0.9444 yesterday, market has been continuously downtrending, heading towards 0.9300 support level.
AUDCAD
forexkei
Ichimoku Cloud
ichimokukinkohyo
Technical Indicators
Trend Analysis
ForexKei-Official
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Related publications
AUDCAD broke support level and continuously downtrending
by ForexKei-Official
Published
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