1- The Tenkan Sen, weak level.
2- The Kijun Sen, medium level.
3- The cloud, strong level.
A trend undergoes several tests before changing, a minimum of 2 times, in others much more. That is why we are currently at an important moment for this pair, since depending on the behavior of the price in the cloud, a third upward push may come that could lead the pair to try to break the previous maximum that was 1.2555 or simply occur a change in trend from to .
From the point of view, the next week should be for this pair, as the Chikou Span ( CS ) has just cut down on the price with a strong candle, so we are in a strongly moment in the Short term, in the medium term, it is possible that the downward movement will be confirmed if the Tenkan Sen ( TS ) cuts down the Kijun Sen (KS), it is currently higher. For its part, in the long term, a range is being indicated, this because the movement was and right now it is in a correction that could end in a consolidation or change of the movement.