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Daily Forex Chart Art - Nov. 11, 2015

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    AUD/USD: 1-hour I spy with my shaded eyes a double breakout in the making! AUD/USD bulls are holding the .7000 psychological handle pretty well, as the pair has bounced from the area at least twice now. Will it lead to a double bottom breakout? Stochastic is currently in the bulls’ favor while the Aussie heads to the pattern’s neckline at around .7075. If you’ve read about double bottoms on the School of Pipsology, then you’ll know that the extend of the breakout is likely as tall as the

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