Today, there will FOMC meeting minutes on Wednesday (19th November 2014) and also MPC bank rate votes.
Yesterday EU rose from the low of 1.2440 to 1.2540. Long was closed before FOMC. Bias up.
Daily - Previous 2-days candle formed a tweezer bottom, above 8 lwma, RSI above 50.
H4 - Higher high, higher low, above 8 lwma, RSI above 50, above signal. W S1 1.2430, W P 1.2488, W R1 1.2580.
Yesterday GU moved within 1.5620 and 1.5670 before closing near the low. Bias down.
Daily - Previous day candle closed with a gravestone doji, below 8 lwma, RSI below 30.
H4 - Lower high, lower low, below 8 lwma, below signal, RSI near 30. W P 1.5734, W S1 1.5523, W S2 1.5381




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