Monday 16 September 2013

FACTSFOREX DAILY MARKET UPDATE 16/09/13

EUR/USD  started the day with a gap, and later ended the day on a bearish note.We are neutral on the next directional bias but there is probability of a retracement back into the gapped region where will may look for bullish price action setup.



GBP/USD also opened with a gap today and ended the day on a bearish note.This formation has tendency for a retracement into value where will can look for bullish setup to join the bullish runs.




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