Wednesday 11 September 2013

FACTSFOREX DAILY MARKET UPDATE 11/09/2013

EUR/USD breaks out from the inside bar setup that will discussed yesterday.This goes to validate bullish momentum in the near term.The near term resistance zone is around 1.3400 area.


GBP/USD breaks out aggressively from the key resistance zone of 1.5753 today.This goes to confirm the bullish momentum that has being building up for days now.We will fancy a retrace back to 1.5753 zone where will can look out for bullish setup to join the bullish momentum,

AUD/USD  continues with the bullish run today by forming a small pin at the key resistance zone.We anticipate an upward move in the near term


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