EURCHF Weekly and Daily timeframes show downtrend by Ichimoku.
Ichimoku Trend Analysis (Daily timeframe):
- Kumo (Senko span A and B) down - Kijun sen down - Tenkan sen down - Chiko span below candles
Next Scenario:
Market has been resisted by Tenkan sen and down since 17 Sept. As long as market is below Tenkan sen, continuously look for a selling edge. Ultimate target is 1.0232 level.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.