EUR/AUD: Ichimoku indicators analysis - Обзоры экспертов БКС Форекс
Let's look at the four-hour chart. Tenkan-sen line is below 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 between Tenkan-sen and Kijun-sen lines.
One of the previous minimums of Chikou Span line is expected to be a support level (1.6216). The closest resistance level is the upper border of the cloud (1.6444).On the daily chart Tenkan-sen line is above Kijun-sen, the lines are horizontal .
Confirmative line Chikou Span is above the price chart, current cloud is ascending. The instrument is trading above Tenkan-sen and Kijun-sen lines; the Bullish trend is still strong.
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