Daily Forex price action analysis – 2016-05-11

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Sorry, but today’s price action analysis is a little rushed as I am busy tonight, so I will make this short…

…We have a great looking trade setup forming on EUR/USD and an average setup forming on NZD/USD. Two of yesterdays setups triggered, EUR/JPY short and USD/CAD short. I entered EUR/JPY but it is not going as well as I would have liked, I am not closing out though.

For detailed info on these setups and yesterday trade, watch the video below.

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