When I first spotted and decided to trade the Counter trend Pin Bar Price Action Setup on this pair on the 13/03/2013, little did I know that the pair was up for a breakout. I had also traded the Pinbar setup on it on the 20th of March, which did hit SL, leading to the break of resistance (1.5176). This Scenario turns the table. The previous resistance should now act as the new support as we await a reasonable price action to join in on the emerging trend.
My Recommendation: Buy pair at confirmation of Support.
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