AUD/CAD: Ichimoku indicators analysis - Обзоры экспертов БКС Форекс
Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, the lines are horizontal . Confirmative line Chikou Span is below the price chart, current cloud is descending.
The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (0.9297).
The closest resistance level is Kijun-sen line (0.9532).On the daily chart Tenkan-sen line is above Kijun-sen, the red line is directed downwards, while the blue one remains horizontal.
Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument is trading around lower border of the cloud.
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