The808Trader

Aussie Comeback? - AUD/USD Ichimoku Long Trade Setup

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FX:AUDUSD   澳元/美元
The Aussie has been consolidating for a while now and is attempting to gain back some ground here soon. In order to validate a good entry I want to see the major resistance level broken where I've set my entry.

If we can break and close above it, we may be climbing higher.

I've drawn out a longer term swing target to aim for as well my usual levels to take partial profit at along the way.

If we fail to break and hold about resistance, or if we break downward, this setup may become invalidated.

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