At the end of Thursday's session the AUDUSD produced a bearish Pin Bar. During yesterdays session price moved lower from this Pin Bar only to close higher and well of its lows at the end of the session. Price has now formed dueling Pin Bar's and could go either way. Stay tuned for more updates …
GBPUSD Moving Closer To Resistance
The GBPUSD has been in a solid down trend of late with no retraces higher for traders to get short. Price may now be getting closer to giving traders the chance they need to jump aboard the trend. Resistance comes in over head at around 1.5640. Traders could look for possible bearish price action …
Price Action – EURJPY
The EURJPY has been heavily sold off over the last few months. The best move has been and still is to get short with this trend when the market gives us a chance. The chance we need may be getting closer as price is now pushing higher and looking to reach the next resistance area. Price has been …