Forex Price Action Trading Strategies

Hello Price Action Traders.

Eur/Nzd

The forex pair has gone upward after 7 November’s low and  the market made higher highs and higher lows. The 1.6450 level support is a nice level to watch because price remain above it and some days ago showed us a Bullish Pin Bar, a simple and efficient trading strategy based on price action naked. I now expect a rise in prices at least until the first resistance at 1.6800. However, if the market broke down the 1.6450 area the signal would fail and you should stop with a small cost the long trade.

 

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FOREX TRADING SIGNALS

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Arduino

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