Price action currently broke out of the ichimoku cloud and trend line, and so a retracement may occur. the plan here is to wait for a retracement to one of the key levels and look for a bounce at these levels. By looking at the D1 chart, we can also see that price is above the ichimoku cloud as well, indicating a bullish trend overall. There is good support for this pair as well. Limits are illustrated on the chart.