The 0.7286 level has been used by the market extensively over the past 24 hours. This level has provided support (green arrows) on three separate occasions. The market then had a very tough time getting over this area just a few hours ago (red arrow), so this level is pretty well established by now. The 0.7286 zone should be watched very carefully!!
Blog Archive
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2015
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July
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- Intraday AUDUSD Price Pivot for 07/31/2015
- Intraday USDCAD Price Pivot for 07/31/2015
- Intraday GBPUSD Price Pivot for 07/31/2015
- Intraday AUDUSD Price Pivot for 07/30/2015
- Intraday EURUSD Price Pivot for 07/30/2015
- Short Setup with Pin-Bar on NZDJPY
- Bullish AUDUSD Trade
- 65 Pip EURUSD Trade Analysis, 1:4 Risk:Reward Ratio
- 80 Pip EUR/USD Greek Bailout News Announcement Trade
- Forex Trading Techniques Applied to Bitcoin Trading
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