Hello Naked Traders.
Eur/Usd yesterday formed an obvious pin bar right on the consolidation between 1.3300 and 1.3150. As seen here on the blog yesterday, a ruptured of 1.3150 level would open the doors for a serious downward of price. Today the market has broken this level and close the day at 1.3050 area, day’s low. The primary support for this movement is 1.2950/1.2900 area.
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