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Daily Forex Chart Art - Dec. 11, 2015

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 11, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    AUD/JPY: 4-hour It’s #FlashBackFriday for this setup! After breaking its rising trend line early this week, AUD/JPY is encountering what looks like a break-and-retest around the broken support. This time around the line and the 100 SMA are keeping the forex bulls at bay. A short around the current levels could get you decent pips if you believe that the Aussie will be dragged back to its previous lows. Of course, you can also wait for a move back above the trend line if you think that AUD/JPY

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