EUR - View was:
D negative close below the previous low. 4hr flow lower high lower low. Bias down.The down bias never played out. That means we are going counter to the D trend so we have to assess if those rules are in play. We had a D support level at 1.2878. It looked like that was broken lower but that move struggled. We had 4hr positive divergence. Then there were 1hr higher lows going into Frankfurt open and again after London open, higher lows following divergence normally a good set up. The 1hr did show the short term flow had flipped to buys.
GU - View was:
After the strong push up on 14th no follow through higher. Resistance at W M3 1.5143 and below at 1.5070. Bias down.
Down bias did play out until the news provided some wild swings again.
EJ - View was:
Similar picture to EUR, bias down.
Very similar picture to EUR. EJ following EUR (and UJ) higher with a higher low before and after London open.
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