EUR GU EJ 18 Apr

EUR - D closed negative at the 1.3000 support level (Feb-Apr '12). We have W S1 at 1.3000 also. The EUR can easily go sideways for a week before a good run. This range is bigger than EUR's typical sideways moves. 1hr did have a higher low after divergence move up during Asian session. We can go up further from 1.3000 but my bias down. The D candle should follow through lower and the move up through W M3 and the 1.3125 resistance level was strongly rejected yesterday. W pivot 1.3071 and resistance level/W M3 1.3123 could provide sell areas.

GU - D engulfing close, 4hr flow lower high lower low. Bias down.

EJ - Has me a little stumped at the moment. D closed a doji, its not clear if 4hr is on a higher low or a lower high. No bias.