The EURUAD fired of a Pin Bar on the 4hr chart at the end of last week. This Pin Bar was with the current trend at at an old support area. This old support held as new resistance and has seen price sell off. Price is now at support and given traders who took this setup a nice risk reward trade. …
AUDUSD Ranging
The AUDUSD has been moving in a box or range over the previous two weeks. As with most other USD pairs, the Aussie experienced a strong move during the last session of the week. This strong move has now placed price right under the upper level of the current range, which is holding at this stage …
NZDJPY Recap
The NZDJPY Pin Bar that was covered in this blog has now fallen lower. Price hovered around for a few days before making a solid break lower for traders to cash in. Traders have now been given a chance to take some profit or at the minimum protect their capital. Well done to the members who …
