GBP/CAD: Ichimoku clouds - Обзоры экспертов БКС Форекс

Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, both lines are directed downwards. Confirmative line Chikou Span is below the price chart, current cloud is descending.The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong.

One of the previous minimums of Chikou Span line is expected to be a support level (1.6983).The closest resistance level is Kijun-sen line (1.7219).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 descending.

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