Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, the lines are horizontal . Confirmative line Chikou Span has crossed the price chart from above, current cloud is ascending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. The closest support level is Tenkan-sen line (0.8257). One of the previous maximums of Chikou Span line is expected to be a resistance level (0.8605).

On the daily chart Tenkan-sen line is above Kijun-sen, the lines are horizontal . Confirmative line Chikou Span is above the price chart, current cloud is descending. The instrument has entered the cloud. Borders of the cloud serve as the closest support (0.8533) and resistance (0.8605) levels

On the four-hour chart we can see a correction of the upward movement. On the daily chart the instrument is trading within the cloud. It is not recommended to open positions at current price. Pending orders should be placed at the cloud’s borders: sell at the level of 0.8533, with Take Profit at 0.8324 and Stop Loss at 0.8605; buy at the level of 0.8605, with Take Profit at 0.8811 and Stop Loss at 0.8533.