Comment:
AUDUSD has been bearish after support breakout. Below is Ichimoku Trend Analysis.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
- Price below Tenkan sen
Next Scenario:
The market has been stably downtrending. It may retrace back to Tenkan sen but as long as market below Tenkan sen, it will reach down to 0.6998 level.