Seeking Alpha

Nial Fuller's  Instablog

Nial Fuller
Send Message
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
My company:
Learn To Trade The Market
My blog:
Nial Fuller's Price Action Forex Website
  • EURUSD Consolidates Just Below Key Resistance 0 comments
    May 24, 2013 10:26 PM

    The EURUSD pin bar setup that we discussed earlier this week has seen price move sideways to higher over the last two days. The market did show some rejection of 1.2950 - 1.3000 key resistance today but it's looking more like the market is taking on a neutral tone at this point. That 1.3000 resistance level is really the "line in the sand" for next week, and the market will need to stay contained below that level to have a chance at breaking lower. Otherwise, we could see more consolidation or a possible break out up above 1.3000 resistance. We will keep an eye on the price action near 1.2950 - 1.3000 early next week and update traders as changes develop.

    1369448699-clip-20kb

Back To Nial Fuller's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.