FX:AUDUSD Australian Dollar/U.S. Dollar
All indicators suggest there's bigger chance for a move in next few days. Most likely it will be a Kijun pullback to ard 0,8820 - 0,8840 lvl . There we have to really pay attention for all further possibilities, and we'll have to look for either continuation or a reversal signal, as A) it starts consolidating there, then pops up again forming into a possible inverted pattern later, or B) breaks the short term + gives confirmed Kijun cross signal and dives further. Looking at current parameters and very low ADX and DMI , I think version "A" has a little bit bigger chance than version "B". Anyway, short term it is rather , the rest we do not really have to predict now and start thinking about, until we see clear signals for a trend to start/continue. Too early preconception burns out clean perception, and makes mind's accommodation harder!
Yes there's a horizontal support on 4Hrs as well. In Ichimoku terms the trend can get momentum with the decisive break of prev. support, in this case 0,8940. But as long as on 4 Hrs timefram px is trading below the Kumo, there's still chance for bearish acceleration, so I hold some shorts. If px breaks through 0,8940 I might add to the position. Above 0,9040 the sell setup would be invalid.