1. Chikou (Lagging Indicator/Light green line) is well clear of price and upward pointing.
2. Kijun Sen (Red line) is a very strong support. Price seems to have rebounded. (Candle formation for 4/7 is terrific with gap open)
3. Kumho clouds are still green for future periods with senkou span A above senkou span B
Therefore intraday traders can take a safe trade with targets of 1654 (tgt1) and 1665 (tgt2). Keep stops at 1628
Swing traders can enter and look for targets in regions between 1690 and 1720 with stops at 1610. This could take place in 3-5 sessions also.