Monday, February 11, 2013

EUR GU EJ 11 Feb

The recap 8 Feb has already been posted.

11 Feb

EUR - D did close marginally lower than 7 Feb at the support area 1.3375. 4hr lower high lower low in tact, just. A 1hr move lower that fails and then moves up would switch flow up. Bias down but looking for move up should W M2/1.3350 hold.

GU - Same picture in reverse. Bias up but we have at W M3 at 1.5822 and resistance level at 1.5843 could flip 1hr to sells.

EJ - D neg close at the 123.30 support level. We have stalled here for 20 hours and there was buying during London and US sessions. Failure to go lower will set up buying opportunities.






 

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