currency pair movement [main scenario]
The pair changes the movement into the descending one, Tenkan and Kijun lines are bound above the price, the price broke through the ascending cloud, and is moving along its lower border, the further descending movement is being expected. We should sell the pair below the 1,6365 resistance level, set take profit at these resistance levels - 1,6315, 1,6290, 1,6265.
currency pair movement [alternative scenario]
If the pair succeeds to break through and get fixed above the 1,6365 resistance level, in such a case the further ascending movement till these resistance levels - 1,6388, 1,6430 is very possible.
LEVELS
Resistance:1,6365; 1,6388; 1,6430.
Support:1,6315; 1,6290; 1,6265.
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