Comment:
AUDCAD is reaching the support level at 0.9300 as it continues to be bearish as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span B and A) down
- Kijun sen down
- Tenkan sen down
- Chiko Span below candles
Next Scenario:
After support level breakout at 0.9444 yesterday, market has been continuously downtrending, heading towards 0.9300 support level.
AUDCAD is reaching the support level at 0.9300 as it continues to be bearish as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span B and A) down
- Kijun sen down
- Tenkan sen down
- Chiko Span below candles
Next Scenario:
After support level breakout at 0.9444 yesterday, market has been continuously downtrending, heading towards 0.9300 support level.
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Related publications
Disclaimer
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.