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Forex: Ichimoku Clouds. Review of NZD/USD on 08.05.2015

Let’s look at the four-hour chart. Tenkan-sen line is below Kijun-sen, they are both horizontal. Chinkou Span line is below the price chart; current cloud is descending. Despite the correction, the pair is still falling towards the level of 0.7398. The closest resistance level is Tenkan-sen line (0.7474).

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