AUD/CAD & Some Ichimoku Dark Clouds

2018年10月21日

This chart shows that we are in a downward trend and Ichimoku Clouds don't really support there being a change right now. It is true that one would need to go back to the monthly time charts to readily see that this pair has seen lower times before, but I guess that is the point - they have been lower before. On the 4 hour chart this pair did close on Friday with a run of 2 red candles. Anyway, it is a tough call (at least to me) but based on Ichimoku and looking at different times and S&R I'm Bearish!