Wednesday, April 24, 2013

EURAUD Price Action:Closing Price Reversal Price Action Setup, 24/04/2013

 Following a failed attempt by the pair to break higher above 1.2750 Zone which happens to be a Key Resistance Zone and subsequent closure below 1.2680 from the trading of the last 3 days, this pair is expected to initiate a sell-off that could see prices moving into support zones as shown above.

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