{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/eurnzd-false-break-two-day-pin-bar\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/eurnzd-false-break-two-day-pin-bar\/","headline":"EURNZD False Break Two Day Pin Bar","name":"EURNZD False Break Two Day Pin Bar","description":"Price has flown higher after producing a counter-trend false break pin bar on the two day chart of the EURNZD. \u00a0Whilst this Pin Bar was against the down-trend that has been in control of late, it made a clear false\u00a0break\u00a0of the recent and longer term support level. After breaking through the high of the Pin […]","datePublished":"2013-04-17","dateModified":"2019-08-05","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2013\/04\/eurnzd.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2013\/04\/eurnzd.png","height":"296","width":"625"},"url":"https:\/\/forexschoolonline.com\/eurnzd-false-break-two-day-pin-bar\/","about":["Price Action Charts in Focus"],"wordCount":134,"articleBody":"Price has flown higher after producing a counter-trend false break pin bar on the two day chart of the EURNZD. \u00a0Whilst this Pin Bar was against the down-trend that has been in control of late, it made a clear false\u00a0break\u00a0of the recent and longer term support level.After breaking through the high of the Pin Bar price gained momentum and flew higher into the near term resistance shown on the chart below. Price is now sitting just above the near term resistance level. This resistance could prove critical to what happens next in this market. If price holds and\u00a0closes\u00a0above this level we may see the next leg higher and what may be the start of a new short term up-trend. EURNZD TWO DAY CHART | 17TH APRIL 2013   "}