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ForexKei-Official

EURUSD continuous down trend by Ichimoku

Short
Euro / U.S. Dollar (FX:EURUSD)  
ForexKei-Official  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Technical Indicators forexkei Ichimoku Cloud ichimokukinkohyo EURUSD
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trendanalysis indicator forexkei ichimokuclouds ichimokukinkohyo eurusd
Comment

EURUSD Daily chart shows continuous downtrend by below Ichimoku confirmations.

Ichimoku confirmation

- Kumo (Senko span A and B) down. And Kumo is thick and long.
- Kijun sen down
- Tenkan sen down
- Chiko span below candles.

Scenario

Market broke previous support of 1.1761 level. Daily timeframe ultimate target is 1.1609 in a long term.
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