The EURAUD dual Inside Bar's discussed in yesterdays post have now broken during the last session to the downside. During the session the EURO was flattened across the board with many pairs selling off aggressively. On the daily chart of this pair we can see the that the lower support we spoke …
EURAUD Winding Up
The EURAUD has now formed 2 Inside Bars (IB's) back to back on the daily chart. This price action is signalling that price is winding up and a breakout either way is getting closer. On this chart support and resistance comes in very close, and the best play may be to wait on the sidelines to …
EURUSD Breaks Very Big Round Number
The EURUSD has broken higher through the Very Big Round Number (VBRN) of 1.300. The VBRN's act as major psychological levels that price will often respect. In this pair price has been moving higher of late before stalling just under the 1.300 level. Now price has broken higher through this level …
