12 August 2014

EU bias down with bounce from support area.
Daily - Candle crossed 8 lwma, RSI below 50 (with divergence), strong support from W S1 1.3350 area
H4 - RSI crossed signal pointing downward.

GU bias down with support in sight.
Daily - Previous day closed with engulfing candle, below 8 lwma, RSI in (with divergence), W S1 support 1.6720 and W M1 support 1.6700
H4 - RSI crossed signal however still below 50.