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Daily Forex Chart Art - Jan. 14, 2016

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    AUD/USD: 1-hour Breakout alert! For a third time in a row this week, AUD/USD is testing the .6930 area on the 1-hour time frame. Will the third time be the charm for the bears? The bulls have a fighting chance with Stochastic on their side, but I advise against buying at current prices right now. It might be better to wait for consolidation or a couple of candlesticks that hint at a bounce before you trade a range play. If you’re one of them Aussie bears though, then you could also wait for a

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