Is there an early signal for a bottom in Aussie?

FX:AUDUSD   Australian Dollar / U.S. Dollar
268 2 11
There are some early signals that at least a local bottom may have been forminf ard             0,7000 +/-

- Ichimoku setup is strategic bearish . Important bearish support and first possible pull back tgt             in case of a correction is at 0,7500
- Heikin Ashi is still bearish , but no further strong momentum gain
- 3-4 weeks ago Price reached the bottom of the long term bearish trend channel

- Ichimoku setup is bearish , but supports have come lower: Kijun Sen at 0,7093, Trendline and Kumo zone between 0,71 - 0,72. A confirmed bullish daily reversal would take place above 0,72
- Please note that Price made a higher low two days ago. Heikin Ashi gave a possible exhaustion/reversal signal yesterday, confirmed by a clear bullish signal today.

Strategy: close shorts (if you have). Enter 0,25-0,50 risk unit counter long position. Size up later if bullish signal firms.
Momentum is a bit stretched on 4H time frame and Kumo is also quite thick, so I'd prefer to buy 0,25 unit now and try to buy some more ard             0,7030-0,7050 pull back if possible.

p.s.: EURAUD             short is an option too, but it is a question of your view on EURUSD             :-)
This is kind of the same on NZDUSD....it is showing a 4hr triple bottom...lately AUDUSD and NZDUSD have been running together... It dose appear that a turn might be starting to happen on both pairs....
Kumowizard RobbyOliver
well NZD I do not really trade, but I checked and you are right. Probabily because AUDNZD stopped trending, trades in between 1,0930 - 1,1260
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