CurrencyClouds
Long

AUDUSD 4hr: High Pressure Building

FX:AUDUSD   Australian Dollar/U.S. Dollar
79 0 1
Climate Forecast
  • Price outside the Stratus Cloud formation
  • AUD Employment/Unemployment Figures were positive for AUD
  • Price thus far has moved according to double pattern reaction
  • Lagging line (Chikou) must break Stratus Cloud formation to confirm bull trend
  • Current Stratus Cloud formation are signs of indecision
  • Bull target = length of Double bottom to neckline
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