Tuesday, March 12, 2013

EUR GU EJ 12 Mar

EUR - D positive close inside bar, higher low. We'll see the reaction at London open, so far the move up is significantly weaker than 7 March. Bias down to the previous lows.

GU - D closed a doji and the divergence is still showing. 4hr flow still lower high lower low. Bias down.

EJ - D positive close. 4hr shows the pause at the previous high with sell negative divergence. We'll see the reaction at London open. Bias remains up, we can obviously move lower from the highs






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