Last Friday, EU was consolidating between W Pivot and W S1. Bias up.Waiting for breakout.
Daily - Previous day candle closed with a bullish engulfing candle, above 8 lwma, RSI below 50, strong support from W S1 1.3350 area.
H4 - Higher low, above 8 lwma, RSI above 50.
Last Friday, GU didnt break through W M2 1.6650/60. Bias down and bounce from support.
Daily - Previous day closed with a small doji, below 8 lwma, RSI into oversold region, W M2 support 1.6670 and W S1 support 1.6610. W M2 might hold.
H4 - range bound, below 8 lwma, RSI below 50.
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