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    Forex: Ichimoku Clouds. Review of NZD/USD on 31.03.2015

    Let’s look at the four-hour chart. Tenkan-sen line is below Kijun-sen, they are both directed downwards. Chinkou Span line is below the price chart; current cloud is still ascending, but can soon reverse. The pair has broken down the cloud and is trying to consolidate below it. The lower border of the cloud is the closest resistance level (0.7485). The next obstacle for the price on its way down will be one of the previous maximums of Chinkou Span line (0.7291).

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