Let's look at the four-hour chart. Tenkan-sen and Kijun-sen lines have merged, both lines are directed downwards. Confirmative line Chikou Span is below the price chart, current cloud is descending. The instrument has broken down Tenkan-sen and Kijun-sen lines. One of the previous minimums of Chikou Span line is expected to be a support level (1.9417). One of the previous maximums of Chikou Span line is expected to be a resistance level (1.9567).

On the daily chart Tenkan-sen and Kijun-sen lines have merged, the red line is directed downwards, while the blue one remains horizontal. Confirmative line Chikou Span is above the price chart, current cloud is ascending. The instrument has entered the cloud. One of the previous minimums of Chikou Span line is expected to be a support level (1.9423). One of the previous maximums of Chikou Span line is expected to be a resistance level (1.9573).

On the both charts the instrument is still falling. It is recommended to open short positions at current price with Take Profit at the level of previous minimum of Chikou Span line (11.9439) and Stop Loss at the level of Kijun-sen line (1.9540).