The808Trader

Aussie Oi Oi Oi! - Ichimoku Long AUD/USD Trade Idea

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
We rode this one down for some nice profit last week, and now signs have reversed. We've broken up into the cloud then out. I am looking to take advantage of this temporary USD weakness to get in a long position. I am looking for a drop to support then up and back out again with our TP at a strong level of support/resistance. If support fails to hold or our bullish confirmations change to bearish, this setup may become invalidated.

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