Recap 10 May

EUR - Negative D close at the 1.30000 support/W S1.We have had 2 similar D closes on 17 Apr and 2 May, neither could follow through lower. Good candles like these should follow through. I do not know if we are going to continue to range i.e. respect 1.3000 or start trend lower. No bias can go either way.
Result: The 1.3000 support level failed.

GU - D engulfing negative close. Made a new lower low. Bias down.
Result: Fell in line with bias.

EJ - Positive D close and we appear to be through the resistance level. If we continue up target could be 1.3360 - 1.3460 (Jan 2009 body high - candle high). Bias up.
Result: Choppy day no follow through during London session.