Monday, February 18, 2013

EUR GU EJ 18 Feb

18 Feb

EUR - Weekly closed a doji, D closed a doji at the Dec '12 highs. Not decisive for buys or sells. Perhaps just treading water whilst the G20, G7 meetings were on. 4hr had a double bottom with divergence but remains on lower high. 1hr on lower high. Bias down with potential move up from the support level.

GU - Weekly had a 3 bar reversal closing well below the previous 2 closes. D closed a doji. 4hr showed divergence for move up, still on lower high. We are very close to the lows. Bias down with potential move up from the support level.

EJ - D closed a hammer RSI above 50 level. 1hr flow higher high higher low, bias up.







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