Monday, May 6, 2013

EURAUD Price Action: Inside Pin Bar Price Action Setup complementing Closin Price Reversal Setup. May 6, 2013

Price has closed today's trading with an inside bar price Action Setup, complementing the initial Closing Price Reversal (Dark Cloud) which was spotted on the daily chart of Thursday. Expectations are for the pair to approach lower prices as we intend to rejoin the very bullish trend if price manages to rotate into Near Support

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