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    Forex: Ichimoku Clouds. Review of XAG/USD on 16.10.2015

    Let’s look at the four-hour chart. Tenkan-sen line is above Kijun-sen, both lines are horizontal. Confirmative Chinkou Span line is above the price chart; current Kumo-cloud is ascending. After small correction, the pair continues to rise; support level is Tenkan sen line (16.04). One of the previous maximums of Chinkou Span line is expected to be a resistance level at 16.39.

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