16 July 2013

EUR - D closed an inside candle hammer the previous support level 1.3000 holding, RSI flat above 50. 4hr shows the current range 1.30/1.31 clearly, RSI has crossed its signal line up but more by default than anything else. The red signal line is falling and RSI drifting sideways. Can go either way no bias.

GU - D closed a hammer off the Apr and May lows/W pivot. 4hr is on a lower high lower low. Conflicting information no bias.

EJ - D closed positive at the 130.55ish resistance level. Bias up but can fall from the resistance level.

EURAUD - D closed negative and followed through in Asian session. The 11 June high/W pivot may act as support. Bias down but can move up from support level.

AUD - D closed positive from the 0.9050ish support area that it has struggled with for 2 weeks. 4hr is on a higher high higher low. Bias up.