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.