Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the lines are horizontal . Confirmative line Chikou Span has crossed the price chart from below, current cloud has reversed from descending to ascending. The instrument has broken through the cloud and slowed down its growth. The closest support level is the lower border of the cloud (1.4971). One of the previous maximums of Chikou Span line is expected to be a resistance level (1.5064).

On the daily chart Tenkan-sen line has crossed Kijun-sen from above, the red line is directed downwards, while the blue one remains horizontal. Confirmative line Chikou Span is approaching 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. Borders of the cloud serve as the closest support (1.4900) and resistance (1.5081) levels

On the four-hour chart the instrument is still rising. On the daily chart we can see a correction of the downward movement. It is recommended to open long positions at current price with Take Profit at the level of previous maximum of Chikou Span (1.5081) line and Stop Loss at the level of Kijun-sen line (1.4985).