Let's look at the four-hour 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 between Tenkan-sen and Kijun-sen lines.
The closest support level is the upper border of the cloud (1.6436).One of the previous maximums of Chikou Span line is expected to be a resistance level (1.6680).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 above the price chart, current cloud is ascending.
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