AUD/CAD: Ichimoku indicators analysis - Обзоры экспертов БКС Форекс
smartmoney.oneLet'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 below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong.
The closest support level is the lower border of the cloud (0.9502).One of the previous maximums of Chikou Span line is expected to be a resistance level (0.9704).On the daily chart Tenkan-sen and Kijun-sen lines have merged, the lines are horizontal .Confirmative line Chikou Span is above the price chart, current cloud is ascending.