Wednesday, April 24, 2013

EURUSD Price Action:Fakey With Pin pulls off, hits minor support 24/04/2013

The Euro pulled higher today after hitting minor support at about 1.2950. While I still expect further bears on this pair, it is important not to discount this support zone which holds the key to lower prices. Price had initiated this bearishness following the Fakey with Pin Price Action Setup four days back.

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