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Reading these comments about potential bottoms are almost comical if not sad. I am not sure about your double bottoms, falling wedges and the plethora of creative sounding technincal names but the wisdom of a once great trader does come to mind. "Remember that stocks are never too high for you to begin buying or too low to begin selling". Jesse Livermore =]

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Please notice including this most present run up there were six bounces this year during this strong down trend of the aud/usd. These trends equate to about 210 pips, 2.8% per 11 trading days on average. The present run up from 9-11-18 to 9-21-18 is 221 pips, 3% and 10 trading days. Various posts are calling for .73,.74 and beyond but I suggest using caution at...