EUR/USD tried to move up today getting to the recent 50% retracement of the pin bar formed early this week but met the bearish pressure that resulted in another small pin.We would like to see the breaking of the mother bar around 1.3155 though this zone is close to the near term support around 1.3119.Our bearish bias we received a great boost of probability based on the price action in these zone.
GBP/USD formed a fakey setup that was anticipated yesterday based on inside bar setup.Based on the large size of this fakey we would love to see a retracement .The conservative way would be to wait for retracement but also given the breaking of the mother bar and also the inside bar, we maybe tempted to enter at market close."
USD/CAD formed a fakey setup after two consecutive inside bars.We stick with the dominant bullish momentum.
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