Monday, November 5, 2012

EUR GU 5 Nov

5 Nov

EUR - The head and shoulders mentioned on 1 Nov played out nicely. Fri D engulfing neg close at a previously identified support level. 4hr and 1hr now on lower high lower low flow. Overnight we could not move lower, after big push Fri thats not unusual at all. Whilst we could bounce up from the W pivot/support area bias is down.

 GU - Same picture as EUR. Bias down.









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