EURUAUD Pinbar Rejection of Daily Resistance Zone

EURAUD Pinbar rejection of daily support zone. Price shoots up after breaking daily resistance of 1.45xx level with a big bullish candle and came close to its daily resistance zone which overlap with 2010 weekly resistance. A nice pinbar formed here rejecting the daily resistance zone.

 

Key Point

– Pinbar Rejection of Resistance

– Price rejecting Daily Resistance Zone

– Weekly Resistance Zone

 

Daily

EURUAUD Pinbar Rejection of Daily Resistance Zone

 

Weekly

 

EURUAUD Pinbar Rejection of Daily Resistance Zone