Let's look at the four-hour chart. Tenkan-sen line is below Kijun-sen, the red line is directed downwards, while the blue one remains horizontal. Confirmative line Chikou Span has crossed the price chart from above, current cloud has reversed from ascending to 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 (1.7853). The closest resistance level is Tenkan-sen line (1.7998).

On the daily chart Tenkan-sen line is above Kijun-sen, the blue line is directed upwards, while the red one remains horizontal. Confirmative line Chikou Span has crossed the price chart from below, current cloud has reversed from descending to 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 (1.7881) and resistance (1.0816) levels

On the four-hour chart the instrument is still falling. On the daily chart we can see the beginning of the trend reversal. It is recommended to open short positions at current price with Take Profit at the level of previous minimum of Chikou Span line (1.7505) and Stop Loss at the level of Kijun-sen line (1.8071).