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Daily Forex Chart Art - Nov. 17, 2015

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 17, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    USD/CHF: 1-hour Breakout alert! After testing the 1.0085 area twice last week and once this week, USD/CHF bulls look like they’ve hustled enough muscle to break the resistance level. Will it lead to a breakout though? One look on the 1-hour chart tells us that the “breakout” has been a slow grind rather than a burst of orders while Stochastic is also flirting at the overbought territory. A stop below the trend line and SMAs could get you some pips if you think that we’re seeing the start of an

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