Sunday, June 16, 2013

EURUSD Price Action: Inside Bar Trade Setup. Against Market Open June 16, 2013

 The last time I ran a commentary on the EURUSD was May 30. My focus was on its bullish breakout. Price has continued to aim higher with no signs of slowing down. However, Friday's close did send a signal of a possible rotation back into near Support at about 1.3250, after the day ended as an Inside Pin Bar Price Action Trade Setup. That Support zone should also interest buyers as the bullish strength on this pair lacks any real signs of ending at the moment.

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