EUR GU EJ 24 Apr

EUR - D negative close lower high 3 bar reversal, below 8lwma and below 50 level. 4hr lower high lower low flow in tact. Obviously the buyers at 1.30 may not have finished yet so care with entry required as always. We have W S1 at 1.2967 and this is the general area from Feb/Mar where there was also support. Bias down.

GU - D closed negative below 8 lwma and below RSI 50 level. The 1.52 level is still providing support but we did make a new low (with divergence on 4hr) and a lower high (1.5286 so regard divergence as having played out). There is the idea of what doesn't go down will go up but for now until price action confirms otherwise retaining down bias.

EJ - D closed again with a big lower wick bouncing off the Feb high. I am having difficulty reading EJ again today and can only suggest the trading basics of trend and support/resistance levels (i.e. trading the reaction to those levels).