Price pulled off higher from about the 50% retracement of the Fakey with Pin Price Action Setup on the pair. It would possibly reach for higher prices in the coming days but I still have my eyes on the resistance zone mapped out above. A bullish call has been made in the trade room and we look to target a 1:2 risk reward on this setup. Many people did send me emails and inquiring about the pin bar that formed at the close of trading yesterday but I had one simple answer. It was a dead end Pin bar.
My Recommendation: Stay bullish
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