Daily - Previous day candle closed with an engulfing bearish candle, below 8 lwma, RSI below 30.
H4 - Lower low, below 8 lwma, RSI below signal, below 30. Next support at W S1 1.3173, W S2 1.3105.
GU opens with a gap down to W M1 1.6560. Bias down with bounce from support. More downside expected.
Daily - Previous day candle closed with an bearish candle with longer wick at the top, below 8 lwma, below 200 EMA, RSI below 30.
H4 - Lower low, below 8 lwma, RSI into oversold region. Next support W S1 1.6500, W S2 1.6440.
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