WITH-TREND PIN BARS SHAPING UP ON AUD AND NZD
The AUD and NZD 4H charts are looking to possibly form a with-trend entry signal for us. The AUD is failing at a point of previous support around 0.8300, which coincides with the 50% retrace of the latest bearish impulse. Meanwhile, the NZD is failing at the 20 EMA, coupled with the 38.2% retrace of the downwards move.
On a close of this nature we're interested sellers.
On a close of this nature we're interested sellers.