Thursday 12 September 2013

FACTSFOREX DAILY MARKET UPDATE FOR 12/09/2013

EUR/USD  rotated lower earlier in the session, but pair losses back into New York close by forming an inside pinbar .We look forward to the break of the inside pinbar setup in the near term, for us to trade in line with the momentum.



GBP/USD stalled today from the recent bullish run, and look set to retrace back to value before picking up the bullish run.We will focus on 1.5722 zone and also the EMA zones for bullish setup to trade back inline with the dominant momentum.



AUD/USD rotated lower to 0.9225 from the key resistance zone today as expected, but later paired losses back into the New York close.We look forward to the returns of the bullish run in the near term


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