Tuesday, April 23, 2013

EUR GU EJ 23 Apr

EUR - D shooting star followed by a hammer, within the identified support/resistance levels.Overall bias down but with the support level 1.3000 holding would look elsewhere until the range breaks.

GU - D positive close but again not very inspiring. 4hr positive divergence at the lows but that could have played out. 4hr evening star pattern suggests move lower. 4hr still on lower high lower low. Bias down until flow can switch positive.

EJ - D negative close with a lower wick. 4hr, 1hr flow on lower high lower low. Bias down until flow switches positive.



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