Sunday, August 18, 2013

NZDJPY PRICE ACTION: Pin Bar at Resistance, Against Market Open August 18, 2013.

 NZDJPY reached its Supply Zone and has shown reluctance breaking bullishly through it. A Pin Bar formed at the close of trading on Thursday, gives reason to think bearish and if this setup pulls through, we could see price falling into the 77.00 level.

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