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Ichimoku cloud indicator analysis on EURUSD for May 20, 2022.

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FLEX EA 10:24 AM 0 Comments

EURUSD provided a bullish breakout yesterday. Price broke out of the 4 hour Kumo. Bulls now need to defend the Kumo and keep price above the cloud. Support is found at 1.05 where we find the upper cloud boundary and the kijun-sen (yellow line indicator).

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Ichimoku cloud indicator analysis on EURUSD for May 20, 2022.

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Ichimoku cloud indicator analysis on EURUSD for May 20, 2022.

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