EUR Mon 30 July

EUR D chart RSI is above 50 with a large body doji at a resistance level. D chart has not been able to break the upper trend line/50 sma as yet. 4hr showing divergence with a negative close. 1hr flow still on higher highs and higher lows, divergence showing again.

The COT data is still reflecting the big boys massively short, their positions were not reduced in the last week.

So we can go either way on Monday, would not be surprised to see US session lead the way. Would like to see 1hr flow flip over to lower high to confirm move down.