AUDUSD 4H (15.06.2014) Chart Technical Analysis
The AUDUSD 4H chart shows the following signs:
The AUDUSD pair has decline until the Kijun Sen to rest for a while and some consolidation here is in my thoughts. The pair is over the KUMO cloud the Tenkan Sen and Kijun Sen too. It has all the bullish force with it. Even if we have some consolidation until Wednesday the pair may decline until it meets the EMA 200 or the KUMO. But that would be enough and it will react immediately upwards.
On a long term view it has made a reversal pattern and a CUP with Handle pattern full of bullishness.
The AUDUSD pair has decline until the Kijun Sen to rest for a while and some consolidation here is in my thoughts. The pair is over the KUMO cloud the Tenkan Sen and Kijun Sen too. It has all the bullish force with it. Even if we have some consolidation until Wednesday the pair may decline until it meets the EMA 200 or the KUMO. But that would be enough and it will react immediately upwards.
On a long term view it has made a reversal pattern and a CUP with Handle pattern full of bullishness.
