EUR - 1hr shooting star rejected one of the 3 likely areas (day's open/M 2 around 1.2970 region) mentioned Fri morning for the lower high lower low trend to remain in tact. The failure of US session to go lower might be important. D shows we failed to stay below the likely support area 1.2920. 4hr lower high lower low continues.Whilst there can always be bounces from proven support /resistance levels bias down still. Fri's low expected to be a key level.
GU - As mentioned was not as clear for a move down as the EUR. D closed
another hammer. 4hr flow still not conclusive. At the moment we are
still on higher high higher low but a negative close at the W pivot
could change that. 1hr lower high lower low still in tact but the TF's
not lining up for now.
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