Tuesday, August 14, 2012

14 Aug


GU closed yesterday with a large upper wick, RSI crossed up and above 50 level. 4hr holding onto its higher high higher low flow, RSI above 50 but just a hint of divergence. 1hr flow back into higher high higher low. It is also approaching that very clear upper resistance level. This suggests more upside but there are reasons to consider selling good candles on 1hr.

EUR D still on higher high higher low, also closed with a large upper wick yesterday. 1hr higher high higher low also in tact. The upper wick on D close, at the resistance level also gives the possibility of a move down.


















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