Wednesday, April 10, 2013

AUDCHF Price Action: Closing Price Reversal Price Action Setup Pulls off. 10/04/2013

 The pair has gained considerable bullish momentum following its hitting support after a massive selloff from its previous Pin Bar on the 4th April. This Closing Price Reversal price Action Setup has pulled off considerably and with the EMA's failing to cross over, We may then be in for extensive buying pressure in the pair.

My recommendation: Stay bullish or look for intraday Price Action bullish setups

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