EURJPY downtrending by Ichimoku

19 ביולי 2021

Comment:

EURJPY Daily timeframe shows downtrend by Ichimoku Trend Analysis.

Ichimoku Trend Analysis:

- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan Sen down
- Chiko Span below candles

Next Scenario:

Market is breaking the previous support at 129.58 level. Also the market has been resisted by Tenkan Sen and continuously bearish. As long as market is below Daily Tenkan Sen, it can reach down to the next support at 128.279 level.