The first week of the year where we might expect volumes to be back to normal. We are typically cautious trading on a Monday morning.
GU - Whilst the W closed positive it ended with the D a doji that could make no progress higher. The 4hr was on a higher low higher high but NFP on Friday was volatile. We are at a resistance level (see the body highs from last 2 weeks and 18 Dec high) so no bias can go either way.
EJ - The D chart and the 4hr chart (see post below) show clearly the 142-143 range. No bias.
EURAUD - D closed negative, a lower high, 3 bar reversal, RSI below 50 level. Whilst we are at a support level bias down.
AUDUSD - D closed positive at a resistance level. Bias up.
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