Let's look at the four-hour 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 descending. The instrument has entered the cloud. One of the previous minimums of Chikou Span line is expected to be a support level (0.8834). One of the previous maximums of Chikou Span line is expected to be a resistance level (0.8915).

On the daily chart Tenkan-sen line has crossed Kijun-sen from above, the lines are horizontal . Confirmative line Chikou Span is above the price chart, current cloud has reversed from descending to ascending. The instrument has entered the cloud. One of the previous minimums of Chikou Span line is expected to be a support level (0.8773). One of the previous maximums of Chikou Span line is expected to be a resistance level (0.8967).

On the four-hour chart the instrument is trading within the cloud. On the daily chart the instrument is trading within the cloud. It is not recommended to open positions at current price. Pending orders should be placed at the cloud’s borders: sell at the level of 0.8861, with Take Profit at 0.8801 and Stop Loss at 0.8887; buy at the level of 0.8887, with Take Profit at 0.8861 and Stop Loss at 0.8955.