Tuesday, March 5, 2013

AUDUSD/NZDUSD: Closing Price Reversal and Pin Bar Trade Setups pulls off. 06/03/2013

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The Pin Bar and Closing Price Reversal  trade setup noticed and discussed in yesterdays commentary have both pulled higher at the close of trading today. While NZDUSD has hit resistance, AUDUSD seems to still have room for some more upside movement. 

My recommendation: Wait for reaction at resistance

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