DAILY REVIEW 19 Sep 2013
EU: The Daily candle is a large spread (204pips) bull closing just off the high on ultra high vol>14days. The close and volume suggests more upside. As I write, the current  Asia low is at 1.3501 and Asia high is at 1.3545 The current daily supply level at 1.3575 – 1.3600 are unlikely to hold but may serve as stophunt levels for SM to start fading weak longs for inventory re-stock before a further push up. SM is has broken Asia high to fade weak shorts and will likely reverse to fade the weak longs before reversing to test the daily supply levels.
EU long levels:   1.3500, 1.3492, 1.3480, 1.3450, 1.3382  EU short levels:  1.3555, 1.3575, 1.3600, 1.3655, 1.3700, 1.3715


GU: The Daily candle is a very large spread (271pips) bull closing just off the high on very high vol>23days. The candle close and volume suggest more upside to test the daily supply 1.6170 – 1.6180 (confluence with 261.8% Fib Ext @ 1.6184) and if it breaks through, the next level at 1.6360 – 1.6380 Price is currently still within the Asia range from 1.6114 – 1.6148 SM is likely to stop hunt Asia high or yesterday’s high before reversing to fade the weak longs with selling pressure, then reverse and continue upward. 
GU long levels: 1.6100, 1.6082, 1.6038, 1.5977  GU short levels:  1.6148, 1.6162, 1.6175, 1.6200, 1.6355, 1.6380