The Kiwi has given off a Pin Bar Price Action Trade Setup which is expected to send prices lower and if price rotates into the 50% retracement entry zone, the setup would then offer a decent 1:2 risk reward ratio. The trade room has already made an entry on this setup as price failed in its bid to break above the previous Pin Bar high. It is important to note that the pair is currently shaping to shake-off the recent very bearish pressure on it.
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