Thursday, March 21, 2013

AUDCHF Price Action: Pin Bar/ Pivot Top Trade Setup, still hovering. 22/03/2013

 Despite the combo of setups that appeared at the close of trading on the 19/03/2013, I pointed out that it would be a bit too premature to  short the pair. Price at the moment, is trading far higher and about breaking resistance. 

My recommendation: Wait to see reaction at resistance.

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