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EURCAD (Ichimoku Kinko Hyo analysis)
Euro / Canadian Dollar
Short
EURCAD (Ichimoku Kinko Hyo analysis)
By UnknownUnicorn30166852
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Updated
Oct 9, 2022
4
Cheer
Cheer
Aug 13, 2022
Weekly chart:
Span B flat, span A down, Kumo down
Kijun down,Chiko below candles
=> Weekly down momentum
Daily:
Kumo flat
Kijun, Tenkan overlap
BB is squeezing
=> More likely to go down (60% down- 25% range - 15% up)
IF the price break support, the downtrend may continue until next Kihon Suchi (26 Aug)
Oct 9, 2022
Comment
Although the target did not reach. However, price broke support and continued to downtrend till 26 Aug as expected
ichimokukinkohyo
Trend Analysis
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