DAILY REVIEW 9 September 2014

EU Analysis:

EU: The daily candle is below average spread (77pips) bear closing off the low on high vol<2 days. The candle close and vol suggests more downside with decreasing selling pressure. Levels of interest: Demand: Daily/Weekly: 1.2777, 1.2754, 1.2661 Supply: short-term: 1.2935, 1.2960, 1.2990, 1.3025, 1.3050 Weekly/Daily: 1.4184, 1.4246 pivot. The bias is still short although price looks to have stalled a little. SM is likely to 

EU long levels: 1.2777, 1.2754, 1.2661  
EU short levels: 1.2935, 1.2960, 1.2990, 1.3025, 1.3050 

Sorry no time to get GU done as well. Network was done and just restored. Wish all good trading.

Posted at 07.24 am