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EURUSD Pin Bar On 4 Hour Time Frame

The EURUSD consolidated today just below 1.2950 resistance, forming an inside bar on the daily chart in the process. The market has been weakening recently and if we stay under 1.2950 on a closing basis we could see the market fall down into 1.2750 key support in the coming days. There was a pin bar sell signal that formed today on the 4 hour chart, if the market continues to remain weak we could see price move lower from this pin bar into the week's close tomorrow.

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