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 above Tenkan-sen and Kijun-sen lines; the Bullish trend is still strong.
The closest support level is Kijun-sen line (1.6487).One of the previous maximums of Chikou Span line is expected to be a resistance level (1.6750).On the daily chart Tenkan-sen and Kijun-sen lines have merged, the lines are horizontal .Confirmative line Chikou Span is below the price chart, current cloud is ascending.
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