Yesterday was all about USD weakness. EU rebounded and closed near the high at 1.2310. Bias down. Sell on rallies. Follow flow.
Daily - Previous day candle formed a doji, below 8 lwma, RSI below 50.
H4 - Higher high, higher low, above 8 lwma, RSI above 50 (yesterday bullish divergence played out), above signal. W S1 1.2200, W P 1.2353, W R1 1.2436.
Yesterday GU rose and closed near the high at 1.5650. Bias down. A short trade was taken near W Pivot.
Daily - Previous day candle closed with a big white candle, below 8 lwma, RSI below 50.
H4 - Higher high, higher low, above 8 lwma, above signal, RSI above 50. W S1 1.5506, W P 1.5634, W S1 1.5700.
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