Comment:
AUDUSD Daily timeframe shows new downtrend as per below Ichimoku confirmations.
Ichimoku Trend Analysis:
- Kumo (Senko span A and B) flat
- Tenkan sen down
- Kijun sen down
- Chiko span below candles
Next Scenario:
Today's Daily breakout can be a new downtrend on AUDUSD as it was a descending P wave breakout. Initial target is at 0.7222 level.