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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 Pin Bar At Resistance 0 comments
    May 1, 2013 7:55 PM

    The EURUSD tried to extend its recent rally today but could not sustain price above 1.3200, paring gains into the close. The market created a false-break of that key 1.3200 resistance level and also formed a bearish pin bar reversal setup there. If price stays contained below 1.3200 we could see some downward movement in the coming days. Overall, this market is range-bound and so we could see any move lower be capped by about 100 - 200 pips.

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