ForexKei-Official

CADJPY continuously up after Forecast Line break by Ichimoku

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
Comment

CADJPY Daily shows continuously bullish trend as below Ichimoku confirmations.

Ichimoku Confirmations

- Kumo (Senko span A) is up. Kumo itself is bullish and thick.
- Kijun sen is up
- Chiko Span above candles
- Forecast line breakout happens today

Next Scenario

- Market could retrace at the previous resistance level as well as round number at 88.00
- If it breaks the resistance, then market could continue to be bullish until 20th April which is the next Henka Bi.

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