Non-farm payroll today so as always care is recommended.
EUR - View was: D double bottom, 3 bar reversal engulfing close after the divergence, good candles like this should follow through higher. Interestingly we stopped right on the previously identified resistance level. 4hr broke above 1.3070 so the 4hr lower high lower low cycle is broken. 1hr now on higher high higher low. As the D chart has completed a double bottom over 6 days we have a valid D reversal pattern. Bias up.
Small move up in line with bias until better than expected jobs numbers boosted USD.
GU - View was: D closed a doji and divergence could still play out. 4hr still on lower high lower low flow. 1hr latest is lower high lower low. We are below the RSI 50 level on the 3 main time frames. The D doji by itself is not a high probability reversal signal but a positive D close following would be. For now bias still down.
A nice move up when price could not go lower for 3 hours and a 3 bar reversal started move up.
EJ - View was: Bias up.
A strong move up in line with bias until the US jobs numbers came out.
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