EURAUD broke resistance and continues uptrend
Comment:
EURAUD Daily chart shows market broke the resistance level of 1.5690 and continuously uptrend as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles
Next Scenario:
All the lower timeframes showing bullish trend, including Daily timeframe. This is very stable and strong bull market. Could test the previous resistance at 1.5690 level but long term target is at 1.5947.
EURAUD Daily chart shows market broke the resistance level of 1.5690 and continuously uptrend as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) up
- Kijun sen up
- Tenkan sen up
- Chiko Span above candles
Next Scenario:
All the lower timeframes showing bullish trend, including Daily timeframe. This is very stable and strong bull market. Could test the previous resistance at 1.5690 level but long term target is at 1.5947.
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Official Website: forex-kei.com
Global Trading School: forex-kei.com/?page_id=2855
KTS Academy: keistradingstrategy.com
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