currency pair movement [main scenario]
The pair is changing its movement into the descending one, Tenkan and Kijun lines are bound above the price, the price broke through the descending cloud and is moving below it, the further descending movement is being expected. We should sell the pair below the 1,6350 resistance level, set take profit at these support levels - 1,6320, 1,6295, 1,6270.
currency pair movement [alternative scenario]
If the pair succeeds to break through and get fixed above the 1,6350 resistance level, in such a case the further ascending movement till these resistance levels - 1,6390, 1,6415 is quite possible.
LEVELS
Resistance:1,6350; 1,6390; 1,6415.
Support:1,6320; 1,6295; 1,6270.
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