21 November 2014

On Wednesday, BOE minutes showed splits among those who favoured keeping rates Unchanged while FOMC release didn't show any big shift in policy.

Yesterday EU moved within 1.2500 and 1.2575. Long was closed before FOMC. Bias up.
Daily - Previous day candle formed a doji, above 8 lwma, RSI above 50.
H4 - Lower high, higher low, above 8 lwma, RSI above 50, above signal. W P 1.2488, W R1 1.2580, W R2 1.2640

Yesterday GU dropped to 1.5630 beofre rose to test W P 1.5734. No bias.
Daily - Previous day candle closed with a doji, above 8 lwma, RSI below 50.
H4 - Higher high, Higher low, above 8 lwma, above signal, RSI above 50. W P 1.5734, W S1 1.5523, W S2 1.5381