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Ichimoku cloud indicator analysis on EURUSD.

Name: FLEX
Brand: Complex Trader
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FLEX EA 6:13 PM 0 Comments

Last week EURUSD ended near its weekly lows after making new weekly highs at 1.1495. Price has entered the Daily Kumo. This is not good for bulls. In Ichimoku cloud terms, price is in a neutral trend as long as it trades inside the Kumo (cloud).

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Ichimoku cloud indicator analysis on EURUSD.

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Ichimoku cloud indicator analysis on EURUSD.

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EURUSD back near the lows for the day/lowest level since 2002

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