Sunday, September 30, 2012

The Weekly Review

We see that the market is still very volatile, moving up and down. As it approaches its support, we are still uncertain whether will it bounce to higher or just fall. From my point of view, it is likely to go lower due to the presence of rejection of its resistance. EUR/JPY has a pinbar in its 4h timeframe and also in the daily. EUR/USD too has a rejection pinbar in 4h timeframe.

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