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ForexKei-Official

EURCAD H4 is up trending by Ichimoku

Long
Euro / Canadian Dollar (FX:EURCAD)  
ForexKei-Official  
FX:EURCAD   Euro / Canadian Dollar
Trend Analysis Technical Indicators forexkei Ichimoku Cloud ichimokukinkohyo EURCAD
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trendanalysis indicator forexkei ichimokuclouds ichimokukinkohyo eurcad
Comment

EURCAD H4 timeframe shows the market is trending bullish as per below Ichimoku confirmations.

Ichimoku Analysis

- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles

Next Scenario

Initial target is at 1.5070 which is the previous resistance from 10 Mar 2021.
If it breaks, then market can go up to 1.5177 level.
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