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We can see it formed after a down-side retrace but was still in-line with the recently crossed higher 8 / 21 day EMAs. Lets online forex trading news look more in-depth at this setup: The pin bar formed on September 2nd was with the near-term daily chart momentum.3. See Chart. Then the currency pair is in a downtrend. When MACD crosses online forex trading news the zero line and becomes positive then there is uptrend and if MACD crosses below the zero line,

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