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Murrey Math Lines: EUR/USD, AUD/USD

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 4, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for January 4th, 2016 EURUSD, “Euro vs US Dollar” As we can see at the H4 chart, after rebounding from the 2/8 level several times, Eurodollar has resumed its decline. It’s highly likely that in the nearest future Super Trends may form “bearish cross”. The closet target is at the 0/8 level. At the H1 chart, after rebounding from the 3/8 level, Eurodollar has started a new correction. If later the market is able to stay under Super Trends and the 3/8 level, I’m planning to open another

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