Monday, January 28, 2013

EUR GU EJ 28 Jan

28 Jan

EUR - After the positive D close Fri that stopped at the resistance level we have formed a base at 1.3450. We could get a push below this, still bias up.

GU - Gap down this morning at Asian open which may see some pressure to close today. Support at 1.5741. D is hinting at divergence, 4hr showed divergence on 25th but we did have a move up after that. At this stage looking for any push up to give a lower high and sells in trend hoping for 1.5745 to fail.

EJ - Consolidating above 122.20 after 2 strong days. Even if we retrace further bias up.




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