- Eur/usd daily chart and hour chart shown with ichimoku cloud.
- Both the time frames showing down trend according to the cloud.
- In daily chart the pair has been trading under the cloud since it went down below 1.47
- In hour chart the pair was trading above the cloud when the pair made a recovery form 1.19 areas but again its trading below the cloud in hour chart now.
- Now the pair is approaching 50 hour sma and the cloud in hour chart.