Tuesday, February 12, 2013

Recap 11 Feb



Recap 11 Feb

EUR - View was 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. 1.3350 did hold and we went up.

GU - View was bias up but we have W M3 at 1.5822 and resistance level at 1.5843 could flip 1hr to sells. An early shooting star rejected the move up and 1hr did flip for sells.

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


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