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Kiwi/Dollar Pin Bar From Key Resistance Level

The Kiwi/Dollar formed a large pin bar reversal signal today showing rejection of the key resistance level up near 0.8300 - 0.8325. If this market remains weak we could see price fall lower from today's pin bar setup and move down towards the next key support around 0.8155. If the market shows any strength into today's Asian session traders can watch for a 50% "tweaked entry" of today's pin bar, this is one of the entry techniques I teach in my courses and members' area.

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