{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/eurusd-false-break-pin-bar\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/eurusd-false-break-pin-bar\/","headline":"EURUSD False Break Pin Bar | Forex Signals","name":"EURUSD False Break Pin Bar | Forex Signals","description":"The EURUSD has formed a false break pin bar of the recent resistance area on the daily chart. This false break has\u00a0occurred\u00a0when price has moved higher and tried to push through the resistance only for the bears to jump in and smash price lower. This reversal of price is what has created the Pin Bar […]","datePublished":"2013-05-02","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\/05\/eurussss.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2013\/05\/eurussss.png","height":"401","width":"634"},"url":"https:\/\/forexschoolonline.com\/eurusd-false-break-pin-bar\/","about":["Price Action Charts in Focus"],"wordCount":147,"articleBody":"The EURUSD has formed a false break pin bar of the recent resistance area on the daily chart. This false break has\u00a0occurred\u00a0when price has moved higher and tried to push through the resistance only for the bears to jump in and smash price lower. This reversal of price is what has created the Pin Bar on the daily chart.If price is to break the pin bar and move lower, the next near term support level comes in very close. This near support level has proven to be a very key level for this market in recent times for both support and resistance.Price has been in an up-trend of late and it would be no\u00a0surprise\u00a0to see price continue with the trend higher. If price does move back higher the next major resistance comes in around 1.3260. EURUSD DAILY CHART | 2 MAY 2013 \u00a0 "}