Today the FED meeting minutes were released, hinted earlier interest hike.
EU continue breakout to the downside, broke through W S2 1.3300 W S3 1.3270 support area, stalls at 1.3250. More downside expected. Bias down.
Daily - Previous day candle closed with another big bearish candle, below 8 lwma, RSI below 30. Next support at M S2 1.3150.
H4 - Lower low, below 8 lwma, RSI below 30 (with bullish divergence).
GU continues to drop, broke through W S1 1.6615, stalls at 1.6590. Bias down with bounce from support. Reversal might happen.
Daily - Previous day candle closed with an inverted black hammer, below 8 lwma, below 200 EMA, RSI below 30.
H4 - lower low, below 8 lwma, RSI into oversold region (with bullish divergence). Next support W M1 1.6580, W S2 1.6540.




No comments:
Post a Comment