AUDUSD reached the target, still downtrending
Comment:
AUDUSD reached the target of 0.62519 and is continuously bearish.
Ichimoku Trend Analysis (KTS):
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
The market may retrace / consolidate today as it reached the support. However Daily timeframe Kumo is sitll thick, so it could break the support and continuously bearish.
AUDUSD reached the target of 0.62519 and is continuously bearish.
Ichimoku Trend Analysis (KTS):
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
The market may retrace / consolidate today as it reached the support. However Daily timeframe Kumo is sitll thick, so it could break the support and continuously bearish.
Forex Kei
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
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