AUD/NZD Perfect pin bar forms on daily chart !
Today a perfect pin bar has formed on the daily chart. This is a great example of what a Class 1 pin bar looks like and ticks all of the boxes in the pin bar check list.
This pin bar has formed at a key level around 1.0930 where it has once again been met by bulls who have pushed the price back up into the New York close.
There is however a key level close above where we are now at 1.1030 which could show some resistance, but a break through this level could lead to nice gains if prices head up to the next key level around 1.1200.
AUD/NZD daily chart below
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NZD/CAD – Pin bar forms on daily at previous resistance level
Another nice pin bar today on this pair. A Bearish Pin bar which has confluence with a key resistance level. If the low of this pin bar is broken, this could signal a nice trade as price may fall towards the upwards support line as this pair continues to wind up.
NZD/CAD daily chart below
As always, make your own trading decisions and best of luck.