Friday, March 8, 2013

EURUSD Price Action: Double bottom / Outside Bar Trade Setup 08/03/2013

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The EURUSD has found support, obvious from the Price Action double bottom and outside Bar Trade setup on the daily chart. If this support holds like I expect it to, we could then be in for a change of trend in the coming days. 

My recommendation: Stay neutral and wait for another bullish confirmation on the daily or 4hour chart. 

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