Tuesday, December 16, 2014

AUDCAD Price Action - Bearish Pin Bar

The AUDCAD keeps falling below parity since November. On Tuesday the pair reached a high at 0.96400 and rejected the 21 EMA forming a Bearish Pin Bar. According to Price Action, a breakdown below the candle's low could be an opportunity in the short term for a sell.

Bearish Pin Bar AUDCAD


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