USDCAD continuously downtrend by Ichimoku
Comment:
USDCAD in Daily timeframe shows a continuous downtrend as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun send down
- Tenkan sen down
- Chiko Span below candles
Next Scenario:
Market has been downtrending due to weak USD. As long as market is below Tenkan sen, selling opportunities would be there.
USDCAD in Daily timeframe shows a continuous downtrend as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun send down
- Tenkan sen down
- Chiko Span below candles
Next Scenario:
Market has been downtrending due to weak USD. As long as market is below Tenkan sen, selling opportunities would be there.
Forex Kei
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Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
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