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Daily Forex Chart Art – Nov. 13, 2015

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 13, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/AUD: 1-hour Here’s a setup that your four-year old nephew can trade with his eyes closed! After hitting a low around the 1.5000 area, EUR/AUD has popped back up and is now trading just below 1.5200. The level has held as solid support last week, so it’s no surprise that it has become an area of interest for the bears. Of course, it also doesn’t hurt that the 100 and 200 SMAs, as well as a bearish divergence, have popped up to support the bears’ cause. A stop just above the SMAs could get

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