Friday, March 1, 2013

1 Mar EUR GU EJ

EUR - D negative close as 3 bar reversal, the previous morning star pattern did not play out, the upper resistance level 1.3166 held. 1hr flow now lower high lower low. Bias down.

GU - D closed a narrow range shooting star. No bias.

EJ - D closed also a very narrow range. 4hr and 1hr look sideways no bias.

It appears the fiscal cliff that was pushed back until today has been holding the markets back somewhat.




No comments:

Post a Comment