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Murrey Math Lines: EUR/USD, AUD/USD

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 29, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for October 29th, 2015 EUR USD, “Euro vs US Dollar” Yesterday, after rebounding several times form the H4 Super Trend, Eurodollar reached a new low. It’s highly likely that the price may break the -2/8 level quite soon. In this case, the lines at the chart will be redrawn. At the H1 chart, the pair is moving inside “oversold zone” as well. During the day, Eurodollar may start a local correction, after which I’m planning to open another sell order. Later, the price may break

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