OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
On the daily chart I have highlighted an Inside Bar price action signal. Initially I was watching for a break of the mother bar on the up side to go long. However, this is a perfect example of why you should wait for the close of the candle to make your decision. It in fact, broke to the down side, breaking recent support as well as forming a nice bearish pin bar on the 4 hour chart. These confluences gave me a signal to sell this pair.
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