Bias was down. EUR did not go lower had a pos 1hr close with divergence (also showing div on 4hr) from the previously mentioned multiple lows. GU also did not go lower but we did have a higher low engulfing pos close. So there was some indication that the flow had switched. GU in particular often has some follow through if a candle closes beyond the immediate range. In this case we also closed above the 32 lwma (4hr 8 lwma).
31 Oct - With the US markets likely to be closed again I have no bias.
EUR - 1hr suggests up. The push through the W pivot was immediately rejected. For now we have stopped at the W pivot. Overnight we did not break the range higher (again not unusual for Asian markets to respect ranges) so we could just as easily go up or down. Looking for engulfing closes that break the immediate range as set ups.
GU - The topping out looks even clearer than EUR. Again looking for engulfing 1hr candles either way.
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