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Murrey Math Lines: EUR/USD, EUR/JPY

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 19, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Analysis for October 19th, 2015 EUR USD, “Euro vs US Dollar” After rebounding from the 8/8 level, Eurodollar has started falling and right now is moving between Super Trends. The closest target is at the 4/8 level. If the market breaks it, the price will continue falling. As we can see at the H1 chart, the pair is trying to stay below the 3/8 level. Earlier, Super Trends formed “bearish cross”. It looks like in the nearest future the market is going to continue moving towards the 0/8 level.

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