EUR - D doji after the Cyprus mess the market calmed down. 4hr on lower
high approaching W M1 1.2831 that provided support. The reaction higher
this week was nowhere near as big a reaction as last week, so whilst we
have potential to bounce bias down.
Result: The idea of the weaker bounce from a key level, bounce up in this case, played out. W M1 failed down bias played out nicely.
GU - D closed a doji. 4hr, 1hr flow down. Support potentially at 1.5130. Bias down.
Result: Down bias played out.
EJ
- Inside bar positive D close, upper trend line not yet tested.
Approaching W M2 122.00 level that provided support recently. The 4hr
has had a higher low but still on lower high lower low. Bias down from
the key level.
Result: The upper resistance levels held, down bias played out.
No comments:
Post a Comment