GU - D closed negative on Fri, RSI crossed its signal line lower. The 1.6050 resistance level holding.
EJ - D showing sell divergence.
We'll see which way we go next week but it looks like a 4-7 day topping out process is unfolding.
Sunday, December 2, 2012
Recap EUR GU EJ 30 Nov
EUR - D chart showing another upper wick. We have not been able to close below the 8 lwma or for RSI to cross below its signal line. Sell divergence is showing, not yet confirmed by price action. 5 days now that we have been unable to move higher, the 1.3015 resistance level holding. This sideways price action is unlikely to continue much longer.
GU - D closed negative on Fri, RSI crossed its signal line lower. The 1.6050 resistance level holding.
EJ - D showing sell divergence.
We'll see which way we go next week but it looks like a 4-7 day topping out process is unfolding.
GU - D closed negative on Fri, RSI crossed its signal line lower. The 1.6050 resistance level holding.
EJ - D showing sell divergence.
We'll see which way we go next week but it looks like a 4-7 day topping out process is unfolding.
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