Let's look at the four-hour chart
Tenkan-sen line is below Kijun-sen, the lines are horizontal . Confirmative line Chikou Span is below the price chart, current cloud is ascending. The instrument is trading below Tenkan-sen and Kijun-sen lines; the Bearish trend is still strong. One of the previous minimums of Chikou Span line is expected to be a support level (0.8838). The closest resistance level is Tenkan-sen line (0.8863).
On the daily chart Tenkan-sen line is above Kijun-sen, the blue line…