AUDUSD 4hr: High Pressure Building

Long

Australian Dollar / U.S. Dollar (FX:AUDUSD)

FX:AUDUSD Australian Dollar / U.S. Dollar

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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