AUD/USD Started Climbing after Forming a Double Bottom

What is it that we see on the screenshot? On the four-hour time frame there is a very well-formed double bottom, as well as an obvious resistance level at 0.72986, which the pair has tested twice but has not been able to break above.

The pair has risen with 154 pips after the double bottom until it reached the resistance at 0.72986. When there is such a double bottom, followed by such a strong resistance level we can expect that the pair will climb another 154 pips starting from the resistance level at 0.72986 if it breaks above said level, which means it will reach at least 0.74526.

My expectation is that we will see this move to the upside in the next few days.