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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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Learn To Trade The Market
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  • EURUSD Consolidates After Pin Bar 0 comments
    Apr 26, 2013 9:17 PM

    The EURUSD formed a pin bar signal on Thursday showing rejection of resistance at 1.3100. The market has been choppy recently but seems to have a slight bearish bias to it as it's stayed contained under 1.3100 resistance recently. The market just consolidated today and retraced to just over the pin bar 50% level. Next week, we could see more downside movement if the market continues to hold below 1.3100. If we break below near-term support at 1.2960 we could see more downside movement into key support at 1.2750.

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