If this is just an upward reaction or the start of a trend remains to be seen. The COT data shows the big dogs are increasing their short positions. They have big pockets and patience so it isn't over yet.
See the links for Ralph Shell COT and go to articles, see "Euro rallies on outbreak of optimism". Almost sounds like a stronger EUR is a disease you don't want to get caught with.
So whilst the 1hr flows are up will have an upward bias again, however an engulfing close, intra day lower high would be a sell opportunity.
GU charts show same picture, upper range broken on D, W pivots containing price, 1hr higher high higher low flow.
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