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    Forex: Ichimoku Clouds. Review of GBP/TRY on 08.10.2015

    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 Kumo-cloud is descending. The pair is being corrected after strong fall, Tenkan-sen line becomes a support level (4.4888). The target for the downward movement may be at the level of 4.5384.

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