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Nial Fuller
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Nial Fuller is an Australian, Independant Forex and Futures Traders who has mastered the art of 'Price Action Trading' and applies his simplistic methods to the Forex Market and Stock Index Futures. A career spanning nearly a decade, his strong passion for Financial Markets has fueld a... More
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  • AUDUSD Pin Bar Reversal From Key Support 0 comments
    Mar 4, 2013 8:11 PM

    The AUDUSD fell lower on Friday and today after forming a bearish pin bar with the downward momentum last Thursday. However, today, the market recouped almost all its early-session losses into the New York close and formed a large pin bar reversal / false break of key 1.0150 support. Given that this pin bar is showing rejection and a false-break of such a key support level we could see some retrace to the upside before this market moves lower again. The next key resistance is seen up near 1.0350 area.


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