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 …
Price Action Charts in Focus
The AUDUSD 4hr Bearish Engulfing bar
AUDUSD 4HR The AUDUSD formed a Bearish Engulfing Bar yesterday. This Price Action was from a previous support area that held as resistance. Price had been in a solid dowtrend on the 4hr chart and getting short was the best choice in this market. Well done to all the members in the members …
AUDUSD Breaks Support
The AUDUSD has broken support and is now trading lower. The recent momentum of the last few weeks has all been to the downside. The next support level comes in at round number 1.200. Price Action traders could look to trade with in this trend by watching for rotations higher into resistance and …