Ichimoku Analysis – A Reliable Technical Analysis Tool for Traders

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The significance of Ichimoku Analysis is increasing day by day. It is a well-known western- based form of technical analysis. This analysis was introduced in the 1960s by Goichi Hosoda. It is mainly based on Japanese Candlestick. It allows the traders to understand the current state of Forex market. This analysis is also a very popular indicator of support and resistance points.

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