EUR - D negative close below 8 lwma and RSI 50 level but hardly a convincing move. 4hr below RSI 50, 1hr flow lower high lower low. We are on the low from Oct '12 bias still lower.
Result: 1 Oct low held moved up after 2 x 1hr hammers.
GU - D engulfing negative close, 4hr below RSI 50 level, 1hr flow lower high lower low. Bias down.
Result: Down bias did not play out, moved up.
EJ - D closed a doji, 4hr flow still lower high lower low but lots of lower wicks, 1hr was on higher high higher low flow which seems to have stopped and looking to fail? Not really clear to me what it wants to do, looks like we are forming a triangle on 1hr, no bias. Wait for some clarity.
Result: Some decent moves but range bound.
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