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Forex: Ichimoku Clouds. Review of Brent on 05.03.2015

Let’s look at the four-hour chart. Tenkan-sen line is below Kijun-sen and is turning upwards. Chinkou Span line is above the price chart; current Kumo-cloud is ascending. The pair weren’t able to consolidate below the cloud and broke it through again. The closest support level is Kijun-sen line (60.94). One of the previous maximums of Chinkou Span line is expected to be a resistance level at 62.07.

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