ForexKei-Official

USDCAD continuously downtrend by Ichimoku

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Comment:

USDCAD in Daily timeframe shows a continuous downtrend as per below Ichimoku confirmations.

Ichimoku Trend Analysis:

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

Next Scenario:

Market has been downtrending due to weak USD. As long as market is below Tenkan sen, selling opportunities would be there.

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