currency pair movement [main scenario]
The pair is moving in the ascending trend, Tenkan and Kijun lines are bound below the price, the price is moving above the ascending cloud, at the moment the pair has stuck into the strong 1,3642 resistance level, there is a strong possibility that there would be a correction from this level to the 1,3633 support level, then the ascending movement is being expected. We should buy the pair above the 1,3633 support level, set take profit at these resistance levels - 1,3642, 1,3663, 1,3690.
currency pair movement [alternative scenario]
If the pair succeeds to break through and get fixed below the 1,3633 support level, in such a case the further descending movement till these support levels - 1,3615, 1,3593 is quite possible.
LEVELS
Resistance: 1,3642; 1,3663; 1,3690.
Support: 1,3633; 1,3615; 1,3593.
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