13 August 2014

Yesterday, EU bounced yesterday from support area W S1 1.3330/50. No bias today, can go either way.
Daily - Previous day candle closed with a doji, still below 8 lwma, RSI below 50, strong support from W S1 1.3350 area
H4 - RSI below 50.

Yesterday, GU bounced from W M2 1.6760. Looking for sell opportunities at W R1 1.6850.
Daily - Previous day closed near W Pivot, below 8 lwma, RSI below 50, W S1 support 1.6720 and W M1 support 1.6700
H4 - above 8 lwma, RSI above 50, not in overbought level.