Currencies  |  December 20, 2012 07:07:18

Pinbar the pair EUR / USD


The one-day chart of the currency pair EUR / USD has formed a beautiful Pinbar candle, which has everything you could in theory should indicate a reversal of the trend. The wick is long enough, the body has almost none, created after long trend and subsequent candle already starting to sink.

Not every such formations always be clearly identified as turning, but who believe in the infallibility of technical analysis and theory Pinbar candles in this field includes, faces a great opportunity to check it out in practice.
From the perspective of fundamental data, the turnover had also expected, especially after the Italian call for changes to the agreement and the U.S. at the end of the year. All can galvanize today's overview of macroeconomic data, which come from the United States. Especially important indication of the unfinished houses.On Friday, it will then await secondary information that should not affect the market.
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Read also:

August 03, 2018EUR/USD: Sentiment stále ve prospěch USD Research (Česká spořitelna)
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Pinbar na páru EUR/USD

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