Sunday, August 11, 2013

EURUSD Price Action: Against Market Open, August 11, 2013. Inside Bar Price Action Trade Setup,

 The Euro finally made it to the 1.3400 psychological level but lost some of its bullish steam as it did. Traders took profits from their bullish entries and we ended up with an Inside Bar Price Action Sell Trade Setup. Though the trend remains bullish, price could let out some of the overbought pressure on the pair. Buy entries should resume at about the 1.3200 level. Therefore, Price action Buy Setups would be sort at about that zone.

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