The NZDUSD has formed a Pin Bar/Engulfing Bar combo. This setup has formed at what was previous resistance. This previous resistance is now looking to hold as new support. If this support can hold the NZDUSD pair my creep higher into the major resistance. NZDUSD DAILY CHART - 21 SEP …
USDJPY Engulfing Bar
The daily chart of the USDJPY has formed a large Bearish Engulfing Bar (BEEB). This BEEB has formed at the near term resistance area. The low of this BEEB is now trading straight into near term support which is also a boxing/range area. If price breaks lower, the box low would have to be taken …
AUDUSD Pin Bar – Price Action Trading
The AUDUSD formed a daily Pin Bar on the last session of the week. This Pin Bar was created by price moving up to test the recent swing high, before selling of and moving lower to close near the session lows. Price has now moved lower into the near term support area and rejected the support …
