EURCHF downtrend after P wave breakout

٨ يونيو ٢٠٢١

Comment:

EURCHF broke the P wave as well as Daily support. Market is on downtrend based on below Ichimoku trend confirmation.

Ichimoku Trend Analysis:

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

Next Scenario:
Market can reach down to 1.08925.