EUR/AUD: Ichimoku clouds - 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 (1.5993).
The closest resistance level is the upper border of the cloud (1.6233).On the daily 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.
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