We can expect clasic bullish brakout in next few hours/days.
There are no limits with Kumo cloud, price is in uptrend and above 20 sma and see also quite good OBV and volume support.
My pending order is opened and ready for BUY with;
Looks like 200 ema was good support in last 10 days, TF H4. If price holds above this line and break descending triangle bullish movement is possible towards 97,00.
Stop Loss: 95,90
Descending triangle identified. In case of breakout upwards bullish price movement is possible.
Looking for long entry.
Entry point: 1,8160
Stop Loss: 1,8033
Take profit: 1,8300
Actually I think price could retest soon also previous high at 1,900.
Due tu fundamental forcast for Aussie is bearish we can see different picture witch suggests bullish note
based on daily 200ma, Pitchfork, Eliot and Bollinger. I will look for long from 0,9280 with SL at 0,9180 and target 0,97. Looking for short will be bellow our stop level 0,9180. The same suggests Ichimoku on D1 timeframe.