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Forex: Ichimoku Clouds. Review of NZD/USD on 12.02.2015

Let’s look at the four-hour chart. Tenkan-sen and Kijun-sen lines have merged above the cloud and can soon form a signal to sell. Chinkou Span line has crossed the price chart from above; current cloud is ascending. The pair has entered the cloud and is trying the break down its lower border (0.7334). The next obstacle for the price on its way down will be one of the previous minimums of Chinkou Span line (0.7239). Upper border of the cloud is the closest support level (0.7350). 

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