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    Forex: Ichimoku Clouds. Review of USD/CAD on 06.04.2015

    Let’s look at the four-hour chart. Tenkan-sen line is below Kijun-sen, the red line is directed downwards, while the blue one remains horizontal. Chinkou Span line is below the price chart; current Kumo-cloud is descending. The pair has broken down the cloud and is still moving down, towards the level of 1.2410. Tenkan-sen (1.2502) line is the closest resistance level. 

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