Comment:
EURCAD Daily timeframe shows downtrend by Ichimoku confirmation.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) down
- Kijun sen down
- Tenkan sen down
- Chiko span below candles
Next Scenario:
Market could retrace soon as Kumo is very thin and market is at the previous support level. Better wait for the breakout to look for a selling edge.