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Unemployment rate unexpectedly rises to 3.8% in August: What's going on?
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It is all down to Friday Non Farm Payroll (NFP)!

Simple observation
- MA5 above MA20
- MA5 also above MA50
- Double bottom with neckline at 444/445 (also confluence with MA20 and MA50)
- Can the price action stay above 450?
- 30mins Chart shows an inverse cup to 444/445 (coincide with above back test of neckline price action)

Possible outcome
- Good NFP reaction - Stay in buy channel and attempt to break into previous range above 452
- Bad NFP reaction - Back test to 444/445 and depends if bulls hold it

Leaning bullish for now. Good luck, all!
It is all down to Friday Non Farm Payroll (NFP)!
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