AUDCAD potential P wave breakout

Comment

AUDCAD H4 P wave break downwards possible as per below Ichimoku analysis.

Ichimoku Analysis

- Kumo (Senko span A) is down
- Kumo itself is thick and long
- Kijun sen still slightly down
- Chiko Span below candles

Next Scenario

Once market breaks the P wave, then it can reach to the support at 0.9456.
If market breaks P wave upwards, then it goes back to Kijun sen.