Sunday, January 26, 2014

Trade Alert : Pin Bar Formation on EurUsd

This pair rose from 1.3500 support level to 1.3700 and has formed a bearish pin bar around 1.3700 resistance level which is also a pscychology level for traders

I will be selling this pair and see if the market could move to 1.3600 and 1.3500 levels in the nearest term

A sufficient break of 1.3700 will make this analysis invalid

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