Thursday 27 December 2012

EUR/USD formed what can be called a fakey,but based on the condition of this market, our bias is still uncleared about the intended direction in the near term given that we are still trading above the support zone of 1.3119.

GBP/USD formed inside bar that closed below the resistance zone of 1.6169.We are anticipating the breaking of the low of the inside bar to solidify our bearish bias.


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