The AUDCAD is trading in a congestion that seems like a triangle pattern after January highs. Yesterday the pair formed what in Price Action is called a Pin Inside Bar, in other words a Pin Bar enclosed inside the previous candle. A breakout of the Pin might be a short term opportunity for a buy. However, there are important news for the Australian Dollar in the next hours. Pay attention especially to the Employment Change.
Wednesday, March 11, 2015
AUDCAD Price Action – Pin Inside Bar
Pubblicato da Unknown a 6:16 PM
Etichette: AUDCAD, currencies, forex, forex blog, free signal, inside bar, pin bar, price action, Technical Analysis, trader, trading
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