Saturday, September 1, 2012

EUR GU 31 Aug 1hr higher low flow

Whilst we had sell bias for Friday due to the D lower highs the support levels always gave the opportunity for a move up. We generally prefer multiple reasons for an entry.

On the EUR we had a support level, 4hr signaled up during Asian session, going into London we had a buy signal with 1hr higher low breaking the lower high lower low flow from the previous two days.

 On GU the lower trend line, support level held.







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